Examlex
What is an agreement between two or more businesses on the price they will charge for a product?
Hypothesis
A proposed explanation for a phenomenon, made as a starting point for further investigation, which can be tested through experimentation or observation.
Assumptions
Premises or conditions accepted as true without proof, used as the basis for further reasoning or argument.
Null Hypothesis
A statement in statistical inference that proposes there is no significant effect or difference between specified populations or parameters.
One-Sample Test
A statistical method used to determine if there is a significant difference between the mean of a single sample and a known or hypothesized population mean.
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