Test for the mean. Independent samples (Part1)
Hi guys!
At the end of the lecture, how do we know that true value will be lower than hypothesized value?
Because Z-score is negative, we conclude the true value is lower, am I right?
Thank you!
1 answers ( 0 marked as helpful)
Hi Marko,
Correct!
hen the z-score is negative, the true value is likely to be lower than the hypothesized one.
hen the z-score is positive, the true value is likely to be higher than the hypothesized one.
Best,
The 365 Team
The 365 Team