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Name Some Sources for Ideas for New Products

question 61

Short Answer

Name some sources for ideas for new products.


Definitions:

Sampling Distribution

The sampling distribution is a probability distribution of a statistic obtained through a large number of samples drawn from a specific population.

Modality

Value or values of a variable that have the highest frequency in a set of data.

Directional Hypothesis

A specific type of hypothesis that stipulates the direction of the expected relationship between variables (e.g., 'greater than', 'less than').

Non-directional Hypothesis

A hypothesis that predicts a relationship between variables without specifying the direction of the relationship.

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