p value can be interpreted as the probability that the null hypothesis is correct. So higher the…
Unlike the inferential statistics, hypothesis testing is about confirming a…
I) IDENTIFYING CONFIDENCE LEVEL GIVEN CONFIDENCE INTERVAL
Objective — Find the mean of the population from some samples, within a confidence level and confidence interval.
Steps — 1. Find the mean of one sample : xbar2. Find the number of elements in the sample : n3. Find the standard deviation of the sample : s4…
Relationship between P distribution and Z (standard normal ) distribution