Applied Statistics - Hypothesis Testing - 5.1.1 Flashcards

1
Q

What is a hypothesis test?

A

A statistical way to test a statement made about a population

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2
Q

Null Hypothesis

A

The assumed population parameter, assuming no change has happened

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3
Q

Alternate Hypothesis

A

How we think the population parameter could have changed

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4
Q

One tailed test calculates…

A

Has the population parameter increased of decreased

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5
Q

Two tailed test calculates…

A

Has the population parameter changed

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6
Q

What is the Null and alternate hypothesis in a one tailed test

A

H0: θ = …
H1: θ < … OR θ > …

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7
Q

What is the Null and alternate hypothesis in a two tailed test

A

H0: θ = …
H1: θ ≠ …

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8
Q

What is the Significance level

A

The smallest probability that an event could have occurred by chance

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9
Q

What is a Test Statistic

A

A value calculated from a sample to test the hypothesis

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10
Q

What is the critical region

A

The values of a test statistic, which leads to H0 being rejected

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11
Q

If probability is in critical region…

A

Reject null hypothesis

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12
Q

If probability is in acceptance region…

A

Accept null hypothesis

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13
Q

Properties of two tailed test

A
  • Two critical regions
  • Significance is halfed (5% -> 2.5%)
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