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Hypothesis Testing: Introduction, All Terms and Concepts with Examples
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Hello Friends,
This video is about learning all terms and concepts used in hypothesis testing.
We will learn Introduction, all terms and concepts in Hypothesis Testing with practical examples for easy understanding and better clarity.
This video consists of the following points:
• Why does a Hypothesis test comes into the picture with a practical example?
• Null and Alternative Hypotheses
• Two-sided and One-sided Alternative Hypotheses
• What are type I and type II errors?
• Example of type I and type II error
• Confidence Interval and Confidence Level
• What is a test statistic?
• What are the critical value and p-value?
I am sure you will be liked it.
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0:00 Introduction and Why Hypothesis Testing?
1:56 Null and Alternative Hypotheses
3:18 Two-sided and One-sided Alternative Hypotheses
4:52 What are type I and type II errors?
6:38 Example of type I and type II error
8:24 Confidence Interval and Confidence Level
10:00 What is a Test Statistic?
10:49 What are the critical value and p-value?
And finally, thank you for watching…
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