Question: 20. What is the single most important number in statistics and why is it so important? (alpha, beta, p-value) - 10marks 1.DEFINE 2.DESCRIBE 3.BASIC EXAMPLE

20. What is the single most important number in statistics and why is it so important? (alpha, beta, p-value) - 10marks

1.DEFINE

2.DESCRIBE

3.BASIC EXAMPLE (REAL WORLD EXAMPLE)

4.ANSWER THE QUESTION

21. Why do we not make alpha 0? (related to the null hypothesis and hypothesis testing) - 10marks

1.DEFINE

2.DESCRIBE

3.BASIC EXAMPLE (REAL WORLD EXAMPLE)

4.ANSWER THE QUESTION

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!