Inferences Concerning Means and Proportions
In practical situations, statistical inference can involve either estimating a population parameter or making decisions about the value of the parameter. In the Chapter 5, we have considered estimation. Now we take up a study of tests of hypotheses. In tests of hypotheses, a postulate or a statement about a parameter of the population is tested for its validity.
Statistical decisions are conclusions arrived at about the population parameters on the basis of a random sample from the population.
6.2 Statistical Hypotheses
Statistical hypothesis is a guess made about the parameter or parameters of population distributions.
Suppose, e.g., we want to decide that a coin is not fair. We ...