Answered step by step
Verified Expert Solution
Question
1 Approved Answer
In a hypothesis test, we use a sample to gain insight on what is likely the outcome for the population.Inyour example, that is a probability
In a hypothesis test, we use a sample to gain insight on what is likely the outcome for the population.Inyour example, that is a probability of 1 out of 20 as there were 20 people in the class.A hypothesis test might test the idea that if individuals had an extra million dollars, 20% would give that money to charity.We could then test among a sample what they would do with the money and see if 20% of the sample said give it to charity.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started