Question: Using Smart Choice's Eight-Step process (see below), list the eight or so steps you should take for a large decision, personally or professionally that you

Using Smart Choice's Eight-Step process (see below), list the eight or so steps you should take for a large decision, personally or professionally that you will be making.

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1. What is the purpose of hypothesis testing?

5. Explain the difference between the power curves for one-sided tests and two-sided tests.

6. Explain how one decides what statement goes into the null hypothesis and what statement goes into the alternative hypothesis.