Research Question: Is the mean number of miles driven on the steel-belted tires different from 60,000?
Ho: The mean number of miles driven on the steel-belted tires is not different from 60,000.
H1: The mean number of miles driven on the steel-belted tires is different from 60,000.
Population: All steel-belted tires
Population Parameter: Mean (Miles)
The first step of hypothesis testing is to define a hypothesis, which is a statement about a population parameter subject to verification. Refer to the above textbook example.
10A. Share two examples of hypotheses from your work, or personal experience.
10B. For each of the two hypotheses in 10A, what was the population, and what was the population parameter?
10C. Explain the six hypothesis testing steps.
Due Monday (5 points)
Reply substantively to at least two (2) of your classmates. Be constructive and professional in your responses.
References (course textbook)
Lind, D., Marchal, W., & Wathen, S.A. (2021). Statistical techniques in business and economics (18th ed.). McGraw-Hill.