Last answered:

28 Jul 2020

Posted on:

24 Jul 2020


Resolved: Hypothesis Testing

For the below-mentioned lecture please tell me how has the hypothesized difference been calculated? I have  also attached a snippet for your ease.
1 answers ( 0 marked as helpful)
Posted on:

28 Jul 2020

Hi Archisman, The hypothesized value in this case (and in any other) is the value that we decide prior to the test. In this case, we want to check if the difference is -4%, thus the hypothesized value is -4%. Best, The 365 Team

Submit an answer