Hypothesis testing allows us to use an analytical process to determine if a hypothesis is retained OR rejected. This process compares a null hypothesis (HO), which states things as we believe they are, to an alternative hypothesis (HA), which proposes a change to what we believe exists.
Respond to the following in a minimum of 175 words:
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Write My Essay For MeDiscuss the concepts of hypothesis testing, including what you are evaluating, when it should be used, and the differences between a one- and a two-tailed test.
Describe an example from your own personal or professional experiences where you could apply a hypothesis test, and discuss how knowing that information helped you.
I am an electrical estimator for a large commercial electrical contractor
SAMPLE SOLUTION
A hypothesis is a proposed claim about a phenomenon without evidence to support the claim. Hypothesis testing allows for testing of the claim about the phenomenon to establish its likelihood to be true. The concept comprises of four main aspects: the null and alternative hypothesis, the test statistic yielding the p-value, and the critical value yielding the rejection region (𝛼).
The null hypothesis, 𝐻0 postulates that the parameter value equals the claimed value. In hypothesis testing, the assumption is that H0 is true until it is proven otherwise. The alternative hypothesis, 𝐻1 postulates that the parameter value is somehow different from H0. Null and alternative hypotheses are mutually exclusive, meaning that only one…