Discuss the 8 steps of hypothesis testing?When performing the 8 steps for hypothesis testing, which method do you prefer; P-Value method or Critical Value method? Why?
Scenario 1

https://content.learntoday.info/G310c_Spring_15/site/Project/g310_scenario_option1.docx

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This week you will begin working on Phase 3 of your course project. Using the same data set and variables for your selected topic, add the following information to your analysis:

Discuss the process for hypothesis testing.

Discuss the 8 steps of hypothesis testing?

When performing the 8 steps for hypothesis testing, which method do you prefer; P-Value method or Critical Value method? Why?

Perform the hypothesis test.

If you selected Option 1:

Original Claim: The average salary for all jobs in Minnesota is less than $65,000.

Test the claim using α = 0.05 and assume your data is normally distributed and σ is unknown.

If you selected Option 2:

Original Claim: The average age of all patients admitted to the hospital with infectious diseases is less than 65 years of age.

Test the claim using α = 0.05 and assume your data is normally distributed and σ is unknown.

Based on your selected topic, answer the following:

Write the null and alternative hypothesis symbolically and identify which hypothesis is the claim.

Is the test two-tailed, left-tailed, or right-tailed? Explain.

Which test statistic will you use for your hypothesis test; z-test or t-test? Explain.

What is the value of the test-statistic? What is the P-value?

What is the critical value?

What is your decision; reject the null or do not reject the null?

Explain why you made your decision including the results for your p-value and the critical value.

State the final conclusion in non-technical terms.


 

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