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  1. Hypothesis testing involves the following steps1:
    1. State your null and alternate hypothesis.
    2. Collect data.
    3. Perform a statistical test.
    4. Decide whether to reject or fail to reject your null hypothesis.
    5. Present your findings.
    Example of hypothesis testing2:
    • Testing whether a penny has exactly a 50% chance of landing on heads.
    Learn more:

    Hypothesis Testing | A Step-by-Step Guide with Easy Examples

    • Step 1: State your null and alternate hypothesis ...
    • Step 2: Collect data ...
    • Step 3: Perform a statistical test ...
    www.scribbr.com/statistics/hypothesis-testing/
    Example of Hypothesis Testing If an individual wants to test that a penny has exactly a 50% chance of landing on heads, the null hypothesis would be that 50% is correct, and the alternative hypothesis would be that 50% is not correct. Mathematically, the null hypothesis is represented as Ho: P = 0.5.
    www.investopedia.com/terms/h/hypothesistesting.asp
     
  2. Hypothesis Testing | A Step-by-Step Guide with Easy Examples

     
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