BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Detailed explanation-1: -Here for the answer, the true statement is of statistical hypothesis is always stated in terms of population parameter. Here. This is the correct statements through statement that our statistical hypothesis is always stated in terms of population parameter.
Detailed explanation-2: -In science, a hypothesis is an educated guess that can be tested with observations and falsified if it really is false. You cannot prove conclusively that most hypotheses are true because it’s generally impossible to examine all possible cases for exceptions that would disprove them.
Detailed explanation-3: -Simple hypothesis: Any hypothesis which specifies the population distribution completely.
Detailed explanation-4: -Rejecting the null hypothesis when it is in fact true is called a Type I error.