Discussion:
A conjectural statement or claim about the value of a population parameter or characteristic that can be tested empirically.
The 5-step Hypothesis testing process
1. State the null (H0) and alternate (Ha or H1)
2. Select the level of significance (α)
3. Find the statistic of interest
a. Level of measurement
b. Number of groups
c. Sample size
d. Parameter of interest
e. Assumptions or conditions
4. State the decision rule
5. Do the study, compute the stat and make a decision