Exam 3 - Hypothesis Flashcards
Null hypothesis
Is a hypothesis that states that population parameter, such as population mean, equals a specified value or a parameter from another population
A statistical hypothesis
Is a claim about a population parameter and determines what we actually test
Alternative hypothesis is
the opposite of null hypothesis, so it states that the population parameter does not equal a specified value or another parameter
The alternative hypothesis can be directional or
One-sided, that is we suspect that the population parameter is greater than or less than some value
Hypothesis tests find stat answers to
Questions about our processes and products
Alpha is
The probability of rejecting a null hypothesis that is true. Always select before performing the hypothesis test
P-value is the area to the right of the test statistic, it is a
Probability of obtaining a test stat that is at least as extreme as the calculated value if the null hypothesis is true
If p-value is less or equal to alpha
Reject the null hypo and the results are stat significant
P-values indicates wether our results are stat significant, does it mean they are practically significant?
Not always
Power
Is likelihood that we will find a significant effect when one exists
Beta is
The probability of making a type II error
Alpha is
The probability of rejecting a null hypothesis that is true