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)
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