Examlex
If sellers become more willing and able to sell more of a service at every possible price,there has been an increase in
Treatments
Different conditions or interventions applied to subjects in an experiment to determine their impact.
Rejection Region
The range of values for which the null hypothesis is considered not probable, leading to its rejection in favor of the alternative hypothesis.
Experimental Plan
A detailed strategy designed to test a hypothesis in a controlled environment.
Completely Randomized Design
An experimental design where subjects are randomly assigned to treatments, ensuring that each treatment group is statistically equivalent at the start of the experiment.
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