The five-step process for hypothesis testing
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What is the five-step process for hypothesis testing? Is the order important? Why or why not?
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The solution discusses what is the five-step process for hypothesis testing.
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Hypothesis testing gives us the guidelines for choosing between alternatives by either controlling or minimizing the error associated with the decision. The simplest case for a decision is the 'yes-or-no' question. In court, for example, the jurors have to decide "guilty or not guilty." These statements are two hypotheses. The normal assumption is "not guilty", in statistics this is called the null hypothesis. It is what we normally assume. Then there ...
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