Hypothesis testing is an act in statistics whereby an analyst tests an assumption regarding a population parameter. The methodology employed by the analyst depends on
the nature of the data used and the reason for the analysis. Hypothesis testing is used to assess the plausibility of a hypothesis by using sample data
Discuss and highlight the importance of Hypothesis in the field of empirical research with appropriate examples; and
Frame a Null hypothesis (one or maximum 3) and alternative hypothesis and justify with appropriate explanation?
Sample Solution