 | Learning Objectives
(See related pages)
When you have read this chapter, you should understand:
- the distinction between the two approaches to hypothesis testing
- the distinction between a statistically significant difference and one that is of practical importance for a manager
- the six-step hypothesis-testing procedure
- the differences between parametric and non-parametric tests, and when to use each
- the factors that influence the selection of an appropriate test of statistical significance
- how to interpret the various test statistics.
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