Statistical hypothesis testing is a very important concept in statistics. There are steps to be followed in hypothesis testing, as shown below (Eberly College of Science, n.d.) Formulation of the Null Hypothesis – this step involves stating of the null hypothesis, which states equality between the hypothesized value and a predicted value. In this case, it is the opposite of the alternative hypothesis.
H0: The average salary for all jobs in Minnesota is greater than or equal to $65,000.
H0: x ≥$65,000 Formulation of the Alternative Hypothesis –the alternative hypothesis is the opposite of the null hypothesis, which states that a value is less than, greater than, or not equal to a certain value. This ...