What is the significance of a one-tailed test


Discussion:

Q1: In what areas of your business is it important to draw inference? Describe a time when drawing an inference may have hurt your business.

Q2: 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.

 

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Basic Statistics: What is the significance of a one-tailed test
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