Answered: Explain the four steps involved in…

Name: Explain the four steps involved in significance testing?
Uploaded: 2024-03-20T07:07:37.000Z
Channel: Bartleby
Description: Explain the four steps involved in significance testing?

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Topic Video

Question

Explain the four steps involved in significance testing?

Expert Solution

Step 1

Hypothesis testing can be conducted in two ways:

Critical value approach.
P-value approach.

The critical value method involves determining “likely” or “unlikely” by determining whether or not the observed test statistic value is as extreme as or more extreme than the expected if the null hypothesis is true.

Step 2

The four steps that involved in the process of hypothesis testing using critical value method:

Specify the null and alternative hypothesis.
Calculate the value of the test statistic (t-test or z-test).
Obtain the critical value by finding the value of known distribution of the test statistic using the level of significance, .
Compare the test statistic to the critical value.

Step by step

Solved in 3 steps with 1 images

Knowledge Booster

$Research Design Formulation$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions