1.How do we test for statistical significance, and why is statistical significance important? Give some examples from your experience where understanding statistical significance could have been important in making a good decision or where a lack of understanding statistical significance could have led to a poor decision.
2.What are the two forms of one-tailed hypothesis tests and what is the one form of the two-tailed hypothesis test? Provide practical examples of a one-tailed and two-tailed hypothesis.
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