This is discussion board 7. Please post before March 27.

Once again, you may chose any of these items to discuss.

Explain the difference between a point estimate and an interval estimate.

Explain the difference between the null and alternative hypothesis. Which one can be proven in a statistical sense?

What is a type I error in hypothesis testing?

Your company is shipping 60 pound bags of cement to a home building supplier. From your company's point of view

what would be a type I error committed by the building supplier?

In hypothesis testing what does the p-value capture? How does the p-value relate to your hypothesis test?

If one of the items, above, seems "over worked" please discuss another.

Thanks,