DAT 567 week 4 discuss .docx - Hypothesis testing is used...

This preview shows page 1 - 2 out of 2 pages.

Hypothesis testing is used in business to test assumptions and theories. These assumptions aretested against evidence provided by actual, observed data. A statistical hypothesis is astatement about the value of a population parameter that we are interested in. Hypothesistesting is a process followed to arrive at a decision between 2 competing, mutually exclusive,collective exhaustive statements about the parameter’s value.Consider the following scenario: An industrial seller of grass seeds packages its product in 50-pound bags. A customer has recently filed a complained alleging that the bags are underfilled.A production manager randomly samples a batch and measures the following weights:Weight, (lbs)45.6 49.547.7 46.747.6 48.850.5 48.650.2 51.546.9 50.247.8 49.949.3 49.853.1 49.349.5 50.1To determine whether the bags are indeed being underfilled by the machinery, the manager
End of preview. Want to read all 2 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
Kirsten Hoyte
Tags
Statistics, Null hypothesis, Statistical hypothesis testing, Statistical power, 50lbs, 50pound

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture