Question: Hypothesis tests Specific instructions: Read Chapter 6 of the textbook Practical Statistics: Application and Analysis for Business Decision Making. Discuss the following concepts according to
Hypothesis tests Specific instructions:
Read Chapter 6 of the textbook Practical Statistics: Application and Analysis for Business Decision Making. Discuss the following concepts according to what you have read and interpret them with your own point of view and your examples:
Comparison and your own examples of the research, null and alternative hypotheses. The meaning of the rejection or not of the null hypothesis and its relationship with the symbols of equality. Comparison between the t, z and p hypothesis tests.
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