Step 1: Based on the null and alternative hypotheses and given alpha, find a critical z-value (or z-values). Remember that alpha is the tail probability (in the right tail for the given alternative ...

Key Points Hypothesis testing provides organizations with a structured approach to evaluate assumptions using data, reducing ...

The null hypothesis is assumed true until proven otherwise. A hypothesis, also known as an alternative hypothesis, is an educated theory or “guess” based on limited evidence that requires ...

In a test of equivalence, a treatment mean and a reference mean are compared to each other. Equivalence is taken to be the alternative hypothesis, and the null hypothesis is nonequivalence. The model ...

Successful completion of this course demonstrate your achievement of the following learning outcomes for the MS-DS program: Define a composite hypothesis and the level of significance for a test with ...