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BUS 308 Week 2 Quiz shows the solutions to the following problems:
1. The one-sample t-test differs from the z-test in which way?There are no parameter values involved in a t-test. The t-test is more sensitive to minor differences between sample and population. With the t-test one can be confident of the normality of the data. The t-test requires no parameter standard error of the mean. 2. If a certifying agency raises the requirements for real estate agents, what sort of decision error is the agency protecting against?Type I Type II Type III Type IV 3. What is the alternate hypothesis in a problem where sales group two is predicted to be
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