Two areas of Inferential Statistics: Estimation and Hypothesis Testing.
Hypothesis Testing is an area statistical inference in which one evaluates a conjecture about some characteristic of the population based upon the information contained in the random sample. Usually the conjecture concerns one of the unknown parameters of the population.
Hypothesis is a claim or statement about the population parameter.
Steps in Hypothesis Testing
The mean weight of the sample of 100 persons from the Honolulu Heart Study is 63 kg. If the ideal weight is known to be 60 kg, is the group significantly overweight? Assume \(\sigma=0.05\) and \(\alpha=10kg.\)