Which of the following steps would be included in hypothesis testing?
1. State the null and alternative hypothesis.
2. Set the significance level before the research study.
3. Eliminate all outliers.
4. Obtain the probability value using a computer program such as SPSS.
5. Compare the probability value to the significance level and make the statistical decision.
A. 1, 3 and 4
B. 3, 4 and 5
C. 1, 2, 4 and 5
D. 2, 3, 4 and 5
Answer: Option C
This Question Belongs to Commerce >> Business Statistics And Research Methods
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B. The law of statistical regularly
C. The law of inertia of large numbers
D. None of the above
The difference between sample statistic and its corresponding population parameter is
A. Sampling error
B. Measurement error
C. Coverage error
D. Non-response error
A. Both (A) and (R) are true
B. (A) is true, but (R) is false
C. (A) is false, but (R) is true
D. Both (A) and (R) are false
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