Applications of inference-hyothesis testing

Reference no: EM13110509

In what areas of your business is it important to draw inference? Describe a time when drawing an inference may have hurt your business.

What is the significance of a one-tailed test as opposed to a two-tailed test? Describe a set of data that is one tailed. Describe a second set that is 2 tailed.

Reference no: EM13110509

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