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Hypothesis

Hypothesis

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Published by shivakumar N

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Published by: shivakumar N on Jul 03, 2009
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10/05/2010

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1
HYPOTHESIS TESTING 
 
 
2
Approaches to HypothesisTesting
Classical Statistics
sampling-theory approach
objective view of probability
decision making rests on analysis of availablesampling data
Bayesian Statistics
extension of classical statistics
consider all other available information
 
 
3
Types of Hypotheses
Null
that no statistically significant difference existsbetween the parameter and the statistic beingcompared
Alternative
logical opposite of the null hypothesis
that a statistically significant difference doesexist between the parameter and the statisticbeing compared.

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