what is a hypothesis
a statement about a population parameter
what is the null hypothesis
H0 = the hypothesis we assume is correct
what is the alternative hypothesis
H1 = if the assisting is wrong
what is the significance level
the threshold for which the H0 must be below for it to be rejected and H1 to be accepted (this is a decimal eg 5% sig level = 0.05)
what are the two types of hypothesis testing
describe one-tailed testing
describe two-tailed testing
state the steps in answering a hypothesis testing question
what is the critical region
the region of the probability distribution that would cause you to reject H0
what is a critical value
the first value within the critical region
what is the acceptance region
the region of probability where we accept H0
what is the actual significance level
the probability as a % when we reject H0 - right at the critical value
when P(X >= x) when do we look at
1 - P(X <= x-1)