Hypothesis Testing

Notes

• Null Hypothesis: The one that pertains to the status quo, typically the original claim (if the original claim causes the Null Hypothesis to not have an = sign in the statement, then it is flipped). So, typically µ >= / <= / = a value.

• Alternate Hypothesis: Complements the Null Hypothesis. If proven, you reject the Null Hypothesis.
• p-Value, in layman's terms, can be defined as the Probablity that the Null hypothesis is correct
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