Interview Questions in Business Analytics

© Bhasker Gupta 2016

Bhasker Gupta, Interview Questions in Business Analytics , 10.1007/978-1-4842-0599-0_4

4. Hypothesis Testing

Bhasker Gupta¹ 

(1)Bangalore, Karnataka, India

Hypothesis testing forms the next building block in learning statistical techniques. Now that you are familiar with probability distributions, the next step is to validate a data point or whether a sample falls into these distributions. Building a hypothesis is the first step in conducting an experiment or designing a survey. Don’t just look on hypothesis testing as a statistical technique, but try to understand the core principles of this concept.

Q: What is a hypothesis?

It is a supposition or assertion made about the world. A hypothesis is the starting point of an experiment, ...