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Central Limit Theorem and its implications in Hypothesis Testin

Q1: What do you remember from the CLT and it's implications? Please touch up on them.

Q2: Please explain how this theory is used in testing hypothesis.

Q3: What are confidence intervals telling us?

Q4: What region under the normal curve corresponds to Researcher's confidence?

Q5: What are the area under the 2 tails of normal curve used for, and what they tell us? How do we use them in hypothesis tests?

Q6: Who decides what the confidence level in a hypothesis test should be and based on what factors?

Solution Summary

This solution answers questions regarding the central limit theorem and its implications for hypothesis testing.