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What is hypothesis testing?

What is hypothesis testing?

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365 Team
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Hi Garrett,

Hypothesis testing is a statistical method of investigating a statement about a parameter (numerical description of a population which is unknown) by using the available sample data.

Basically we have to know the null and alternative hypotheses, sample data and level of significance. We will make a decision to reject or fail to reject the null hypothesis based on the sample data at a certain level of significance.

Hope this helps.
Best,
The 365 Team

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