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Table Number:___ Group Members:___Group Name: ___ __ ______GUESS MY PARAMETER CONFIDENCE INTERVAL vs HYPOTHESIS TEST vs PROBABILITY For each of the following scenarios answer the following: a)What
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01
State the null hypothesis (H0) and alternative hypothesis (Ha) for the means being compared.
02
Choose the level of significance (alpha) for the test.
03
Select the appropriate test statistic (e.g. t-test, z-test) based on the sample size and population variance assumptions.
04
Collect the data and calculate the test statistic.
05
Determine the critical value or p-value based on the chosen alpha level.
06
Compare the test statistic with the critical value or p-value to make a decision to reject or fail to reject the null hypothesis.

Who needs hypoformsis testing for means?

01
Researchers in various fields such as psychology, medicine, economics, and education who want to compare the means of two or more groups.
02
Students conducting experiments or research projects that involve comparing group means.
03
Business professionals analyzing data to make informed decisions based on statistical significance.
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Hypothesis testing is a statistical method used to make inferences about a population based on a sample of data.
Researchers, statisticians, and analysts may be required to perform hypothesis testing for various purposes.
Hypothesis testing involves defining null and alternative hypotheses, selecting a significance level, collecting data, conducting a test, and interpreting the results.
The purpose of hypothesis testing is to determine if there is enough evidence to reject the null hypothesis in favor of the alternative hypothesis.
The information reported in hypothesis testing includes the null hypothesis, alternative hypothesis, test statistic, p-value, and conclusion.
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