Module 4: Decisions with Data

i f §y

100
LO7 [capstone] Given real multivariate data
and a problem, formulate an appropriate
hypothesis and perform a range of hypothesis

oo:::::::::.±.......:
tests. I sampleZ

Tests f o r Mean I I sampleT

LO8 Interpret the( p-value,
r

2 SampleTconscious of the
pitfalls associated with testing.

[Regressiontest!
:
 Summary of Hypothesis Testing - Z Test
Assuming H₀ is true
EV = mean
mean = Sample
Mean SD
SE = —
SD = √n

Sample Mean

N( , )

n=

ov =

α=
H₀ :
H
mean =

H₁ :

OV - EV
T TS =
SE

C
I

α=
O

CI
 Summary of Hypothesis Testing - 1 Sample T Test
Assuming H₀ is true
EV = mean
Sample
mean = Mean SD
SE = —
√n
SD = ?

n=

OV =
SD =

α=
H₀ :
H
mean =

H₁ :

OV - EV
T TS =
SE

C
I

α=
O

CI
 Summary of Hypothesis Testing - 1 Sample T Test
Assuming H₀ is true
EV = mean
Sample
mean = Mean SD
SE = —
√n
SD = ?

n=

OV =
SD =

α=
H₀ :
H
mean =

H₁ :

OV - EV
T TS =
SE

C
I

α=
O

CI
 Summary of Hypothesis Testing - Z Test
Assuming H₀ is true
EV = mean
mean = Sample
Mean SD
SE = —
SD = √n

Sample Mean

N( , )

n=

ov =

α=
H₀ :
H
mean =

H₁ :

OV - EV
T TS =
SE

C
I

α=
O

CI
 Summary of Hypothesis Testing - 2 Sample T Test

mean₁ = mean₂ =
SD₁ = ? SD₂ = ?

n₁ = n₂ =

OV₁ = OV₂ =
SD₁ = SD₂ =

α=
H₀ : mean₁ - mean₂ =
H H₁ :

OV - EV
T TS =
SE

P
I

C
Retain H₀

α=
Reject H₀
O

CI