Question: In the space below, explain to someone who does not know statistics the purpose of hypothesis testing. A business analyst is conducting a hypothesis test.

 In the space below, explain to someone who does not knowstatistics the purpose of hypothesis testing. A business analyst is conducting a

hypothesis test. The analyst has sampled rents currently paid and uses anull hypothesis that indicates the rent level is less than or equal

In the space below, explain to someone who does not know statistics the purpose of hypothesis testing. A business analyst is conducting a hypothesis test. The analyst has sampled rents currently paid and uses a null hypothesis that indicates the rent level is less than or equal to past rents. For the Zstatistic, the analyst has obtained a probability value of 0.0425. For a significance level of 5%, describe the outcome of the hypothesis test and what it means in terms of the rent levels

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