Inferential Statistics Flashcards
Used to make judgements, observe difference between groups, draw inferences/reached conclusion beyond the immediate data.
Inferential statistics
Where to use Inferential statistics
- Market Research
- Medical Control
- Quality Control
- Environmental Research
Statistical method used to determine whether a statement or hypothesis about the population parameter is true or false based on the sample of data
Hypothesis Testing
Proposes that there is no significant difference exists in a set of observations
Null hypothesis
The statement that researchers want to test
Null hypothesis
If the statistic is greater than critical value, null hypothesis is _____________
Rejected
If the P value is less than the level of significance, then the null hypothesis is___________
Rejected
Specifies the probability of them for evidences an unreasonable estimate
Alpha level
Most common alpha levels are _______
0.05, 0.01, 0.10
The probability to the right of respective statistics
P-Value
It calculates a probability estimate
P-value
If p-value is less than alpha level _______ null hypothesis
Reject
Our boundaries of critical region of rejection region
Critical Value
If test statistic is lower than critical value ________ mull hypothesis
Accept
Derive from level of significance (alpha level) of the test
Hypothesis testing