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

A null hypothesis is the first form of hypothesis ... is made by comparing the alpha value (your assumed risk) with the p-value (actual risk). If the actual risk is lower than your assumed risk ...

Confidence intervals and hypothesis tests are directly linked ... Here's another distinction between what a p-value and CI tells us: a p-value answers the question "How surprising is my sample?" The ...

This test rejects the null hypothesis of no difference among classes for large values of J. Asymptotic p-values for the Jonckheere-Terpstra test are obtained by using the normal approximation for the ...

The null hypothesis is proposed by a scientist before completing an experiment, and it can be either supported by data or disproved in favor of an alternate hypothesis. The chi-square value is ...

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 ...