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If demand increases,then the:
Null Hypothesis
A default statement that indicates no effect, difference, or relationship between two or more variables in an experiment.
Alternative Hypothesis
The hypothesis that is tested against the null hypothesis, usually representing the notion of a difference or effect.
Type I Error
Erroneously dismissing a true null hypothesis, often called a "false positive."
Sample Mean
The average obtained from a sample, calculated by summing all sample data points and dividing by the number of points.
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