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Methodology
Group 12 UIDS
18MBA1531
18MBA1533
18MBA1535
18MBA1536
18MBA1537
18MBA1538
18MBA1541
18MBA1542
WHAT IS A HYPOTHESIS?
Hypothesis: A statement about the value of a population
parameter developed for the purpose of testing.
Examples of hypotheses, or statements, made about a
population parameter are:
The mean monthly income from all sources for systems
analysts is $3,625.
Twenty percent of all juvenile offenders ultimately are caught
and sentenced to prison.
Hypothesis testing
x 0
z stat
SEx
where 0 population mean assuming H 0 is true
and SEx
n
Z= 20000-18700
8600/ √ 21
Z= 300/1876.6
Z=0.15
Result
So, 0.15>0.05, SO NULL hypothesis is accepted.