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In: Statistics and Probability

1. How are the p-value and test-statistic related? 2. What is meant by practical significance and...

1. How are the p-value and test-statistic related?

2. What is meant by practical significance and statistical significance?

3. Mathematically, what is the difference between doing a one-sample or two-sample hypothesis test. You can use equations to help you answer this question, but it is not required.

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