Examlex
The data shows that writing a business plan increases the odds that a venture will successfully accomplish important tasks (initializing product development, obtaining inputs, starting marketing, talking to customers, and asking for external funds)as well as continue in business.
Sample Size
Refers to the number of observations or data points that are collected and used for statistical analysis.
P-values
The odds of observing test results as extreme or more extreme than the actual outcomes, under the presumption that the null hypothesis is accurate.
One-sided
Refers to a type of hypothesis test or confidence interval where the alternative hypothesis targets a specific direction of effect.
Two-sided
Pertaining to hypothesis testing, where the alternative hypothesis is not directional and considers both possibilities of the effect being greater than or less than the null hypothesis.
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