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In this article, we give you statistics Hypothesis Testing Cheat Sheet rules and steps for understanding examples of the Null Hypothesis and the Alternative Hypothesis of the key hypothesis tests in…

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Image Source: Statistical Aid: A School of Statistics What is hypothesis testing? In statistics, we may divide statistical inference into two major part: one is estimation and another is… Read More »Statistical Hypothesis Testing: Step by Step

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a diagram showing how to use hypothhes testing

Essentially good hypotheses lead decision-makers like you to new and better ways to achieve your business goals. When you need to make decisions such as how much you should spend on advertising or what effect a price increase will have your customer base, it’s easy to make wild assumptions or get lost in analysis paralysis.… Read More »Importance of Hypothesis Testing in Quality Management

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Objectives (BPS chapter 15) Tests of significance: the basics The reasoning of tests of significance Stating hypotheses Test statistics P-values Statistical significance Tests for a population mean Using tables of critical values Tests from confidence intervals

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In statistical hypothesis testing, a Type I error is a false-positive conclusion, while a Type II error is a false-negative conclusion. Both errors are unavoidable when making a statistical decision, but they can be minimized by carefully planning your study design. The significance level (α) represents the probability of making a Type I error, while the probability of making a Type II error is beta (β). #statistics #hypothesistesting #type1error #type2error #studydesign

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