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Sati contracts to work exclusively for Thermal Imaging Company during July for $5,000.On June 30,Thermal Imaging cancels the contract.Sati finds a similar job for the month of July but earns only $3,000.Sati files a suit against Thermal Imaging.As compensatory damages,Sati can recover
P-Value
A statistical measure that helps researchers determine if their hypothesis is supported, indicating the probability of observing the obtained results, or more extreme, if the null hypothesis is true.
Power of the Test
The probability that a statistical test will correctly reject a false null hypothesis, or its ability to detect an effect when there is one.
True Value
The actual or real value of a parameter which is estimated in a study.
Sample Size
The number of individual observations or data points collected in a sample from a larger population.
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