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Timothy thinks that electronic retailing is overrated and a fad.He keeps telling you that people will lose interest and go back to the stores.Tell Timothy what the advantages of electronic retailing are.
Null Hypothesis
A hypothesis that suggests no significant difference or effect, proposed to be tested against an alternative hypothesis.
Random Sample
A subset of individuals chosen from a larger population, where each individual has an equal chance of being selected, used to infer population characteristics.
Small Bag
A diminutive container used for carrying personal items or purchases, typically hand-held or shoulder-mounted.
Large-Sample Z
A statistical method used to approximate the significance of difference between means, applicable when sample size is large and variances are known or assumed to be equal.
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