This exercise aims to improve students understanding of hypothesis testing by providing multiple examples and practice questions that offer different scenarios and solution techniques and allow students to explore “what-if” scenarios by entering custom values. At the end of the exercise, you should be able to:
- Understand how to find the test statistic and p-value in two-sided tests.
- Find the critical score and compare it to the test score.
- Make decisions on rejecting or not rejecting the null hypothesis.
- Construct confidence intervals and use it to reject or not reject the null hypothesis.
- Explore different scenarios by entering custom values.?