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You think your salary is unfair compared to others in your department,and you threaten to quit your job.Which theory best explains your actions?
One-Sample Test
A statistical test used to determine if the mean of a single sample differs significantly from a known or hypothesized population mean.
Variance
A measure of dispersion that represents the average of the squared differences from the mean.
P-Value
A statistical measure that helps researchers determine if their hypothesis is supported, indicating the probability of observing the obtained results, or more extreme, if the null hypothesis is true.
Power of the Test
The probability that a statistical test will correctly reject a false null hypothesis, or its ability to detect an effect when there is one.
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