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A research request agreement should only include the decision problem and the research problem.
Confidence Interval
The best estimate of the range of a population value given the sample value.
Wider Range
Describes a greater span or extent between the lowest and highest values in a data set, indicating more variability.
Critical Value
A threshold in hypothesis testing that defines the boundary for rejecting the null hypothesis; values beyond it are considered statistically significant.
Null Hypothesis
A rephrased definition: A statistical hypothesis that predicts no effect or no relationship between variables, serving as the default position until evidence suggests otherwise.
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