give me the example of hypothesis testing and expalantion in detail
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Real-World Example of Hypothesis Testing If, for example, a person wants to test that a penny has exactly a 50% chance of landing on heads, the null hypothesis would be yes, and the alternative hypothesis would be no (it does not land on heads). Mathematically, the null hypothesis would be represented as Ho: P = 0.5.
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Hypothesis Testing. The main purpose of statistics is to test a hypothesis. For example, you might run an experiment and find that a certain drug is effective at treating headaches. But if you can't repeat that experiment, no one will take your results seriously.
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