Hypthesis Testing

Question 1

Binomial distribution assumptions

Answer 1

1. Fixed number of trials
2. Outcomes of the trials are independent
3. There are 2 outcomes, success and failure
4. The probability of success is constant

Question 2

When do you reject hypothesis

Answer 2

P<SL

Question 3

When do you accept hypothesis

Answer 3

P>SL

Question 4

If observed value falls inside critical region do you accept or reject null hypothesis

Answer 4

Reject H0 (null hypothesis), accepy alternative hypothesis

Question 5

If observed value doesnt fall inside critical region do you accept or reject null hypothesis

Answer 5

Accept null hypothesis, reject alternative hypothesis