Would you be able to assist me in completing a 5 step hypothesis test on both hypotheses (1 parameter & another with 2 or more)? In completing this test, I need to explain how to complete it.
One Parameter
The NULL hypothesis is that the mean age is not different than 40 : Ho: μ = 40.
The alternative hypothesis is that the mean age is greater than 40. Ha: μ > 40.
Two or more parameters
The NULL hypothesis is that the mean prices are not different: Ho: μ1 = μ2.
The alternative hypothesis is that the mean prices are different Ha: μ1 � μ2.