Examlex
What is a target market? Briefly explain how a well-defined target market is important to a company.
Chi-squared Goodness-of-fit
A specific type of goodness-of-fit test that uses the chi-squared statistic to test the hypothesis that an observed frequency distribution fits a claimed distribution.
One-tail Test
A statistical test where the region of rejection is on only one side of the sampling distribution, used when testing a directional hypothesis.
Population Proportion
The ratio of members in a population that have a particular attribute, often estimated from sample data.
Chi-squared Test
A statistical test used to determine if there is a significant difference between observed frequencies and expected frequencies in categorical datasets.
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