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Jason is a marketing researcher working for a client who believes that social class will be an important segmenting device. Jason decides to find social class categories by simply asking respondents to pick their own category. Which of the following best supports Jason's approach?
Degrees Of Freedom
The number of independent values or quantities which can be assigned to a statistical distribution or test without violating any constraint.
P-Value
It calculates the probability that the observed differences between groups in a study could have happened by chance, used in hypothesis testing.
Right Tailed
A term used in hypothesis testing to describe a test where the critical area, or the area of interest, is located in the right tail of the probability distribution.
Test-Statistic
A value computed from sample data as part of a statistical test, used to determine the significance of the observed data relative to a null hypothesis.
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