MKT 504 Lecture Notes - Better Business Bureau, Travel Agency, Accounts Receivable
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What is hypothesis testing: a procedure based on sample evidence and probability theory which determine whether the hypothesis is a reasonable statement, the procedure for testing a hypothesis. Compute the value of test statistic and p-value. Qms202-business statistics ii chapter11 oh : a statement about the value of a population parameter. The hypothesis that the researcher wishes to support. [the symbol for alternative hypothesis in the textbook is. Ah : -the opposite of the null hypothesis. The goal of the process is to determine whether there is enough evidence to infer that the alternative hypothesis is true: level of significance ( said to be statistically significant at that significance level. : - when a null hypothesis is rejected, the test is. If the p-value is less than a , then reject ii. Rejection region: for one-tailed test, use a for calculating critical value za right-tailed test left-tailed test critical value critical value, for two-tailed test, use a.