October 2017
Intermediate to advanced
720 pages
18h 37m
English
In Example 4.4, we were not concerned about the actual bounds of the constructed interval, but rather, whether the constructed interval contained the expected ratio of the variances. This is often the case in statistics. That is, the actual values of the interval are not as important as is answering the question: Is the sample statistic consistent with what is expected from the population? The procedures used to test the validity of a statistic are known as hypothesis testing. The basic elements of a hypothesis test are as follows:
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