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Critical Thinking questions (Multiple Choice) You are in charge of switching your business from its old information system to a new information system. Your business has several branches that have independent information process systems. What type of conversion should you use?
Normal Distribution
A symmetric probability distribution centered around the mean, indicating that events close to the mean occur more often than those at a distance.
α
Denotes the level of significance in hypothesis testing, representing the probability of rejecting the null hypothesis when it is actually true.
Z Statistic
A type of standard score that indicates the number of standard deviations a datum is from the mean of a distribution, used in significance testing.
One-tailed Test
A statistical hypothesis test in which the region of rejection is on only one side of the sampling distribution.
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