1) What is the purpose of calculating a test statistic? How does this value describe how the...

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1) What is the purpose of calculating a test statistic? How does this value describe how the sample data either supports or contradicts a claim?
2) How does one decide between using a one-tailed or a two-tailed hypothesis test? Is there an advantage to using one over the other?
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Introduction to Governmental and Not for Profit Accounting

ISBN: 978-0132776011

7th edition

Authors: Martin Ives, Terry K. Patton, Suesan R. Patton

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