Testing of Hypothesis - Part II

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Taught by aramu1947
  • Currently 3.0/5 Stars.
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Part of video series
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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?
  • Staff Review

    • Currently 3.0/5 Stars.
    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.