HYPOTHESIS TESTING FRAMEWORK Farrokh Alemi Ph.D..

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Presentation transcript:

HYPOTHESIS TESTING FRAMEWORK Farrokh Alemi Ph.D.

Framework Objective The objective of this section is to teach you the framework of hypothesis testing.

Null Hypothesis

Skeptic

Skeptics

Double Negatives

Decision Errors

Significance Level

Confidence Interval

One Sided Test

P-value

Exercise

Two Sided Test with P-value

Five steps: test assumptions, state hypotheses, calculate Z under null hypothesis, look up p, reject or fail to reject Take Home Lesson

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