The Three Basic Components of a Successful E-Commerce Model Include

question 60

True/False

The three basic components of a successful e-commerce model include content, commerce, and commodity.

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Definitions:

Non-directional Hypothesis

A hypothesis that specifies there is a difference or relationship, but not the direction of the difference or relationship between variables.

T-statistic

A type of statistic calculated from sample data, used in hypothesis testing to determine whether to reject the null hypothesis, particularly in t-tests.

Null Hypothesis

A hypothesis that suggests there is no statistical significance between the two observed phenomena.

Alpha

In statistics, often referred to as the significance level, it represents the probability of rejecting the null hypothesis when it is actually true.