QNT 351 Week 4, DQ 3

Hypothesis testing is a test to check if hypothesis is an appropriate statement or not. It is based on the probability theory and test of the sample. It is done to provide a proof beyond a reasonable doubt
Five steps of Hypothesis Test are:
Step 1: State null (H0)and alternate (H1) hypothesis
Step 2: Select a level of significance
Step 3: Identify the test statistic
Step 4: Formulate a decision rule
Step 5: Take a Sample and arrive at the decision
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