Question
Discussion - Hypothesis Testing The following steps explain how to do Hypothesis Test. Step 1: Specify the Null Hypothesis. ... Step 2: Specify the Alternative
Discussion - Hypothesis Testing
The following steps explain how to do Hypothesis Test.
- Step 1: Specify the Null Hypothesis. ...
- Step 2: Specify the Alternative Hypothesis. ...
- Step 3: Set the Significance Level
- Step 4: Calculate the Test Statistic and Corresponding P-Value. ...
- Step 5 If the P-Value <
- We reject the null hypothesis
Let us assume that a dealer claims the gas mileage of a specific model of a car is greater than 25 miles per gallon.
What is the null and alternative hypothesis?
If you decide your level of confidence is 0.9 and the p value is 0.05 what is your decision?
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042
