5 Questions
What is the purpose of hypothesis testing?
To determine whether a statement about the value of a population parameter should or should not be rejected
What is the NULL hypothesis in hypothesis testing?
A tentative assumption about a population parameter
How is the alternative hypothesis related to the NULL hypothesis?
It is the opposite of what is stated in the null hypothesis
What is the role of data in the hypothesis testing procedure?
To test the two competing statements indicated by the NULL and alternative hypotheses
Why is care needed in formulating the NULL and alternative hypotheses?
It is not always obvious how they should be structured
Test your understanding of hypothesis testing with this quiz. Topics include developing null and alternative hypotheses, Type I and Type II errors, known and unknown population means, and population proportions. Sharpen your statistical skills as you tackle questions based on the essentials of modern business statistics.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
