QNT351 Phoenix Population Parameter Subject to Verification
The first step of hypothesis testing is to define a hypothesis, which is a statement about a population parameter subject to verification. Refer to Ch. 10 in our Lind textbook.
a. Share two examples of hypotheses from your work or personal experience.
b. For each of the two hypotheses, label the population, the population parameter, and how the hypothesis might be verified (Step 6)
c. List each of the six steps in hypothesis testing. Explain the purpose of each step.
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