Solved: What is the importance of the null hypothesis, Basic Statistics

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What is the importance of the null hypothesis

Discussion:

Q1: What is the importance of the null hypothesis? Why has it been the backbone of mainstream hypothesis testing for decades? What are its limitations?

Q2: What is the value of performing hypotheses tests to solve problems related to business and operations management? Provide specific examples.

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Basic Statistics: What is the importance of the null hypothesis

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