Hypothesis originates from the Greek wordhupo(under) andthesis(placing). It means an idea made from limited evidence. It is a starting point for further investigation.

The notion is simple yet powerful. We perform hypothesis testing intuitively every day. It is a 7-step process:

1. Make Assumptions.
2. Take an initial position.
3. Determine the alternate position.
4. Set acceptance criteria
5. Conduct fact-based tests.
6. Evaluate results. Does the evaluation support the initial position? Are we confident that the result is not due to chance?
7. Reach one of the following conclusions: Reject the original position in favor of an alternate position or fail to reject the initial position.

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Apply the above 7-step process to an assumption you might make in your everyday life. Does the result of this hypothesis testing yield the same result you normally use? Why or why not?