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Consider the following to answer the question(s) below:
A study was recently performed by the Canada Revenue Agency to determine how much tip income waiters and waitresses would make based on the size of the bill at the table. A random sample of bills and resulting tips was collected. These data and regression results are as follows:
-In testing the null hypothesis H0: β1 = 0, at α = 0.05
P(A ∪ B)
The chance that either event A or event B, or both, will happen.
P(B | A)
The probability of event B occurring given that event A has already occurred, representing a conditional probability.
Finalists
The remaining candidates in a competition or selection process who have passed through preliminary rounds and are considered for the final award or decision.
First And Second
Terms denoting the sequential order of events, items, phases, conditions, or priorities.
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