Tested and statistical decision


Business researchers employ two hypotheses, the null and the alternative. The null is tested and statistical decision is then made to either reject the null or fail to reject the null. Using your experience, when faced with need to make a decision, what was the null hypothesis and what was the alternative hypothesis? How did you go about testing them? As a result of your testing, what conclusion were you able to reach?

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Basic Statistics: Tested and statistical decision
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