Testing of Hypothesis - Part II
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Lesson Summary:
This lesson on Testing of Hypothesis - Part II is a continuation from Part I and covers the basic terms required before delving into actual problems on testing of hypothesis. The lesson explains the process of testing a hypothesis and the situations that can arise from it. The two types of errors, type 1 and type 2, are also explained in detail along with their association with producer's and consumer's risk respectively. The probability of committing type 1 and type 2 errors, denoted by alpha and beta respectively, are also discussed.
Lesson Description:
This is a continuation of part I of the same topic. This completes explaining all the basic terms on this topic before actual lessons / problems on testing of hypothesis can be started.
Questions answered by this video:
- How do you know whether a hypothesis is true or false?
- How do you test a hypothesis?
- What is the difference between a type 1 error and a type 2 error?
- What is the difference between producer's risk and consumer's risk?
- What is level of significance for a hypothesis test?
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Staff Review
This lesson explains how to use a sample of a population to test a hypothesis about a data set. Each step involved in the process is explained. Terms and the hypothesis testing process are explained along with type I and type II errors in testing the hypothesis.
