Examlex
If the hypothesis test you are conducting is a two-tailed test, which of the following is a possible step that you could take to increase the power of the test?
Average Prices
The mean cost calculated by dividing the total sum of all prices by the number of prices in the dataset.
Supermarkets
Large retail market places typically offering a wide variety of goods including food, clothing, and household items.
P-values
An indication of the strength of the evidence against the null hypothesis, represented as a probability that measures the likelihood of the observed outcomes under the assumption that the null hypothesis is valid.
Matched Pairs
A study design where subjects are paired based on certain characteristics, and one from each pair is assigned to the treatment group and the other to the control.
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