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It is virtually impossible to generalize why organizations outsource various business processes. The final outsourcing decision depends on whether the CEO, CFO, or CIO initiates the outsourcing proposal. Whichever executive initiates the outsourcing proposal, a reduction in __________________ is usually the primary driver.
Rejection
In statistical hypothesis testing, the decision to refuse the null hypothesis when it is false.
P < .05
Indicates that the probability of the observed data (or something more extreme) assuming the null hypothesis is true is less than 5%, often used as a threshold for statistical significance.
Critical Value
A threshold value used in hypothesis testing to determine whether to reject the null hypothesis.
Null Hypothesis
In hypothesis testing, it's the presumption that no significant difference exists as a result of the experiment or intervention.
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