Detailed note on the points to be followed for the Hypothesis testing procedure.
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Explanation:
Step 1: Specify the Null Hypothesis. ...
Step 2: Specify the Alternative Hypothesis. ...
Step 3: Set the Significance Level (a) ...
Step 4: Calculate the Test Statistic and Corresponding P-Value. ...
Step 5: Drawing a Conclusion.
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Five Steps in Hypothesis Testing:
1. Specify the Null Hypothesis.
2. Specify the Alternative Hypothesis.
3. Set the Significance Level (a)
4. Calculate the Test Statistic and Corresponding P-Value.
5. Drawing a Conclusion.
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