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Refer to the scenario below to answer the questions that follow.
Bob and Larry have taken their fly fishing equipment and accessory business, Flies-R-Us, to the Internet because they wanted to expand their business. However, they don't have much money to use conventional media to drive traffic to their site.
-Bob and Larry are getting good at this and have decided they'd like to have an "Internet commercial" on their website, much like a TV ad but not on TV. What type of Internet advertising is this called?
Directional Hypothesis
A hypothesis that specifies the direction of the expected difference or relationship between variables.
Null Hypothesis
A default statement that indicates no effect or no difference, used as a starting point for statistical hypothesis testing.
Directional Hypothesis
A hypothesis that outlines the anticipated direction of the difference or relationship.
Critical Value
A threshold in a statistical test that defines the boundary for deciding whether an observed statistic is extreme enough to reject the null hypothesis.
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