Why is it useful to know the power of a test- explain the
1. Why is it useful to know the power of a test?
2. Explain the difference between the p-value and the significance level α.
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advice for a firm youve been hired as an economic consultant by a price-taking firm that produces scarves the firm
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1 why is it useful to know the power of a test2 explain the difference between the p-value and the significance level
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the p-value obtained in a hypothesis test for population mean is 8 select the most precise statement about what it
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