METHODS OF DATA ANALYSIS
DECISION MAKING WITH HYPOTHESIS TESTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What term is being used to describe a proposed explanation, assertion, or assumption about a population parameter or about the distribution of a random variable?
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statistic
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decision
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hypothesis
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probability
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Explanation:
Detailed explanation-1: -Hypothesis testing is a form of statistical inference that uses data from a sample to draw conclusions about a population parameter or a population probability distribution.
Detailed explanation-2: -Types of Hypotheses. A hypothesis about the value of a population parameter is an assertion about its value. As in the introductory example we will be concerned with testing the truth of two competing hypotheses, only one of which can be true.
Detailed explanation-3: -A hypothesis is an assumption about a population parameter such as a mean or a proportion.
Detailed explanation-4: -A hypothesis is a proposed explanation for a phenomenon.
There is 1 question to complete.