How to perform a Hypothesis Test
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Two boats were tested for possible contenders in the American Cup Races.
Ho: µ1- µ2 = 0
H1: µ1 - µ2 ne 0
where ne means "not equal"
Is one boat faster on average, than the other?
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Solution Summary
A description of the process of performing a hypothesis test is presented.
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If you have speeds or times of the two boats in different races, then you could test this hypothesis. You would perform a t-test.
Basically you would need to calculate the mean and the standard deviations for each boat from their sample of races. From this you need to calculate t, ...
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