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What is the importance of the null hypothesis? Why has it been the backbone of mainstream hypothesis testing for decades? What are its limitations?

What is the importance of the null hypothesis? Why has it been the backbone of mainstream hypothesis testing for decades? What are its limitations?

What is the value of performing hypotheses tests to solve problems related to business and operations management? Provide specific examples.

What are differences between dependent and independent samples? Provide examples. What are implications for determining the tests used to analyze data?

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