Qmb3302 practice - Study guides, Class notes & Summaries
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QMB3302 Practice
- Exam (elaborations) • 25 pages • 2024
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QMB3302 Practice 
What is the purpose of conducting a literature review in business research? 
️️ A literature review summarizes existing knowledge on a topic, identifying gaps and providing 
context for the research question. 
How does the concept of "statistical significance" impact decision-making? 
️️ Statistical significance indicates whether observed results are likely due to chance, helping 
businesses determine if findings warrant action. 
What is a "P-value,"...
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