{"id":1662,"date":"2023-05-31T09:15:34","date_gmt":"2023-05-31T09:15:34","guid":{"rendered":"https:\/\/execedonline.co.in\/?p=1662"},"modified":"2025-06-02T19:27:26","modified_gmt":"2025-06-02T14:57:26","slug":"demystifying-hypothesis-testing","status":"publish","type":"post","link":"https:\/\/execedonline.co.in\/index.php\/2023\/05\/31\/demystifying-hypothesis-testing\/","title":{"rendered":"<strong>Demystifying Hypothesis testing<\/strong>"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1662\" class=\"elementor elementor-1662\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d4ebc94 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d4ebc94\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fd62128\" data-id=\"fd62128\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fc5fbf1 elementor-widget elementor-widget-heading\" data-id=\"fc5fbf1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Overview <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-91a1be0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"91a1be0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a6c7aea\" data-id=\"a6c7aea\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8f1e063 elementor-widget elementor-widget-text-editor\" data-id=\"8f1e063\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In Management research, one has to understand the principles of Inferential Statistics and Hypothesis testing very well to ensure that the study results are significant, meaning that the results from the study are not merely the result of some random events but are repeatable.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c13a4bf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c13a4bf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-00d8d1c\" data-id=\"00d8d1c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9b68dcc elementor-widget elementor-widget-heading\" data-id=\"9b68dcc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><p>Inferential statistics<span style=\"font-style: inherit\"><\/span><\/p><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-71ce5dc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"71ce5dc\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fce1b15\" data-id=\"fce1b15\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cbe35b5 elementor-widget elementor-widget-text-editor\" data-id=\"cbe35b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-style: inherit; font-weight: inherit;\">In Inferential Statistics we make some inferences about the population characteristics based on a sample. It is often not feasible or it requires enormous resources to commission a study to measure the characteristics of the entire target population and therefore we study the characteristics of a smaller sample\u00a0 ( say &gt; 30 ) to get some sense of a larger population \u2013 say the average height of an Indian male, average weight and so on so forth.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>So long as the sample size is reasonably large ( say &gt; 30 ) and the sample has been drawn randomly, the sample provides a good insight into the population parameters.<\/p>\n<p>\u00a0<\/p>\n<p>What are the building blocks to carry out the hypothesis testing?<\/p>\n<p><span style=\"font-size: 16px; font-style: inherit; font-weight: inherit;\">\u00a0<\/span><\/p>\n<ol style=\"font-size: 16px; font-style: normal; font-weight: 400;\" type=\"1\">\n<li><span style=\"font-style: inherit; font-weight: inherit;\">Basic understanding of the concepts of Probability<\/span><\/li>\n<li><span style=\"font-style: inherit; font-weight: inherit;\">Probability distribution ( in this paper, we will focus on Normal distribution)<\/span><\/li>\n<li><span style=\"font-style: inherit; font-weight: inherit;\">Standard Normal Distribution ( z-distribution) and t-distribution tables<\/span><\/li>\n<li><span style=\"font-style: inherit; font-weight: inherit;\">Test statistic ( z value, t value, p value)<\/span><\/li>\n<li><span style=\"font-size: 16px; font-style: inherit; font-weight: inherit;\">Formulation of \u00a0Null Hypothesis and Alternate Hypothesis<\/span><\/li>\n<li style=\"font-size: 16px; list-style-type: none;\">\u00a0<\/li>\n<\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cec50ed elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cec50ed\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-28db0c4\" data-id=\"28db0c4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e386420 elementor-widget elementor-widget-heading\" data-id=\"e386420\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><p><span style=\"font-style: inherit\">Probability<\/span><span style=\"font-style: inherit\"><\/span><\/p><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-177f1d7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"177f1d7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9c94af3\" data-id=\"9c94af3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-09e5202 elementor-widget elementor-widget-text-editor\" data-id=\"09e5202\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Most events are probabilistic in nature. When you throw a two-sided, unbiased coin, what is the probability that it will be a Head. It is 1\/2 or more generally,&nbsp;<span style=\"font-style: inherit; font-weight: inherit;\">Probability (Head) = Number of favorable outcomes \/ ( total&nbsp;<\/span><span style=\"font-style: inherit; font-weight: inherit;\">number of possible outcomes) = \u00bd<\/span><\/p>\n<p><span style=\"font-style: inherit; font-weight: inherit;\"><br><\/span><\/p>\n<p><span style=\"font-style: inherit; font-weight: inherit;\">Unlike the coin tossing example above, most random variables do not have a finite number of outcomes and are continuous in nature. And most random<br>variables, tend to follow normal distribution. The height of a human being can be assumed to follow a normal distribution. The average height of an Indian male may be around 5 ft and finding someone with a height of 7 ft has a much smaller probability. So, we can safely say that the height is distributed evenly around the mean.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f7475eb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f7475eb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ccf2ae2\" data-id=\"ccf2ae2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-71dfb5c elementor-widget elementor-widget-image\" data-id=\"71dfb5c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"700\" height=\"450\" src=\"https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/Normal-distribution.jpg\" class=\"attachment-large size-large wp-image-1664\" alt=\"\" srcset=\"https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/Normal-distribution.jpg 700w, https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/Normal-distribution-300x193.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a320614 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a320614\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-50d2e37\" data-id=\"50d2e37\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-75ed6d1 elementor-widget elementor-widget-text-editor\" data-id=\"75ed6d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"MsoNormal\">In the figure above, the probability density function follows a normal curve.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-afa0a26 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"afa0a26\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0619e5e\" data-id=\"0619e5e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b831d2b elementor-widget elementor-widget-image\" data-id=\"b831d2b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"700\" height=\"450\" src=\"https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/Cumulative-Distribution-Function.jpg\" class=\"attachment-large size-large wp-image-1665\" alt=\"\" srcset=\"https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/Cumulative-Distribution-Function.jpg 700w, https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/Cumulative-Distribution-Function-300x193.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-75e60d2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"75e60d2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d7afd6e\" data-id=\"d7afd6e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-65002e1 elementor-widget elementor-widget-text-editor\" data-id=\"65002e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In a normal probability distribution function and for that<br \/>matter in any probability distribution function (pdf), the values of the random<br \/>variable are plotted on the x-axis and the probability density are plotted on the y-axis. Please remember that in a continuous pdf, a point<br \/>probability cannot be computed. And the values are clustered around \u00b11\u03c3 ( 68%),<br \/>\u00b12\u03c3 (95%) , \u00b13\u03c3 (99.7%). This is an important attribute of normal curve which<br \/>will come in handy when we do hypothesis testing.<\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-style: inherit; font-weight: inherit;\">We use normal distribution to measure the probability or the<br \/>likelihood of an event happening. The probability of finding someone with a<br \/>height of 8 feet or more, let us say, is extremely low and it is measured using<br \/>the area of the curve bounded by 8 feet to infinity. The area of the curve<br \/>under the tail in the normal curve is very, very low as we move farther and<br \/>farther away and hence the probability of an event as we move away from the<br \/>mean is quite low. As we have said earlier, the area under \u00b13-\u03c3 is 99.7% and<br \/>therefore the area under the tail is only 0.3%. And when the probability of an<br \/>event is so low, we can reject the likelihood of that event occurring and that<br \/>is the basis for hypothesis testing.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a97e044 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a97e044\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-63ec780\" data-id=\"63ec780\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d215063 elementor-widget elementor-widget-heading\" data-id=\"d215063\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><p><span style=\"font-style: inherit\">Some Notes on Normal Distribution<\/span><span style=\"font-style: inherit\"><\/span><\/p><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f669302 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f669302\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7275ec1\" data-id=\"7275ec1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0a0d0e8 elementor-widget elementor-widget-text-editor\" data-id=\"0a0d0e8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The normal distribution approximates many of the natural<br>\nphenomena very well and therefore it lends itself nicely for the study of wide<br>\nvariety of problems.<o:p><\/o:p><\/p>\n<p>The random variable under study has to be a continuous<br>\nvariable.<o:p><\/o:p><\/p>\n<p><br><\/p><p>We will be using a Standard Normal distributions for<br>\nHypothesis testing \u2013 a standard normal distribution is nothing but a normal<br>\ndistribution with a mean of Zero and Variance ( standard deviation ) of one (<br>\n1) .<o:p><\/o:p><\/p>\n<p><span style=\"font-style: inherit; font-weight: inherit;\"><br><\/span><\/p><p><span style=\"font-style: inherit; font-weight: inherit;\">In order to apply standard normal distributions, one must<br>\nknow the population standard deviation and the sample size must be large say more than 30. In most instances, we do not know the population standard deviation and our sample size may be lesser than 30. In such instances, t-distribution is right model to apply but we will look at a simple case involving z-distribution ( Standard Normal Distribution ) before we segue into t-distribution.<\/span><\/p>\n<p><br><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6418262 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6418262\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d4c9560\" data-id=\"d4c9560\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c12f50e elementor-widget elementor-widget-heading\" data-id=\"c12f50e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><p><span style=\"font-style: inherit\">How do we apply Normal Distribution for Hypothesis Testing?<\/span><span style=\"font-style: inherit\"><\/span><\/p><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-941fa31 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"941fa31\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-13d03a7\" data-id=\"13d03a7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-879fe3b elementor-widget elementor-widget-text-editor\" data-id=\"879fe3b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Let us say that you wish to know if the mean obtained from a<br>random sample of n observations belongs to a population or not with a 95% Level of Significance (LOS). LOS of 95% significance implies that we want to reject the sample as not having come from the population only when the probability is less than 5% &#8211; the distance of the sample mean from the mean of the z-curve, measured in terms of the number of standard deviations is more than \u00b12\u03c3 (please recall that \u00b12\u03c3 covers 95% of the area under the normal distribution).<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>The principal of a private school claims that the IQ of the students who study in his school is way above the average. The average IQ of students in class 12 in the population is 100. And a random sample of 70 students of the concerned private school shows a mean IQ of 120. Does the claim of the school principal agree with the results? Assume that the population standard deviation to be 10.<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>In order to carry out this test, we first have to state the Null Hypothesis and an Alternate Hypothesis.<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>In Null Hypothesis, we say that the sample mean is not<br>different from the population mean and any difference is due to chance.<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>The Alternate Hypothesis is just the opposite of Null<br>Hypothesis. When the sample contains sufficient evidence,&nbsp; you reject the Null Hypothesis and conclude that the result is statistically significant and it is not due to chance.<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>Let\u2019s revisit the principal\u2019s claim that the IQ of students<br>in his private school is higher than the average. The average IQ in the<br>population is 100, and a sample of 70 students from this school has an average IQ of 120. Assume that the population standard deviation is known to be 10.<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>Step 1: Formulate Hypotheses<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>&#8211; Null Hypothesis (H\u2080): \u00b5 = 100 (no difference)<o:p><\/o:p><\/p>\n<p>&#8211; Alternate Hypothesis (H\u2081): \u00b5 \u2260 100 (two-tailed test)<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>Step 2: Compute Test Statistic (z-observed)<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>We calculate the z-score using the formula:<o:p><\/o:p><\/p>\n<p>&nbsp;&nbsp;&nbsp; z = (x\u0304 &#8211; \u03bc) \/ (\u03c3\/ \u221an)<o:p><\/o:p><\/p>\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; = (120 &#8211; 100) \/(10 \/ \u221a70)<o:p><\/o:p><\/p>\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; = 20 \/ 1.195 \u2248 16.73<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>Step 3: Determine Critical Values<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>For a two-tailed test at 95% confidence, the z-critical<br>values are approximately \u00b11.96.<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>Step 4: Compare and Conclude<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>Since z-observed = 16.73 &gt; 1.96, we reject the null hypothesis.<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>Conclusion: There is strong evidence that the students\u2019 IQs<br>are significantly different (higher) than the population average.<o:p><\/o:p><\/p>\n<p><br><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3a60f7a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3a60f7a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-06acb14\" data-id=\"06acb14\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bddd469 elementor-widget elementor-widget-heading\" data-id=\"bddd469\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Student's t-Distribution<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9a14108 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9a14108\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-210b4dd\" data-id=\"210b4dd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5c4438b elementor-widget elementor-widget-text-editor\" data-id=\"5c4438b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-style: inherit; font-weight: inherit;\">In order to apply standard normal distributions, one must<br>\nknow the population standard deviation and the sample size must be large say<br>\nmore than 30. In most instances, we do not know the population standard<br>\ndeviation and our sample size may be lesser than 30.<\/span><\/p>\n<p><span style=\"font-style: inherit; font-weight: inherit;\"><br><\/span><\/p><p><span style=\"font-style: inherit; font-weight: inherit;\">When the sample size is small ( less than 30), the<\/span><\/p><p>\napplication of z-curve to solve problems does not lead to correct results. For<br>\nsmall sample sizes and where we do not know the population standard deviation (<br>\nwhich is often the case), we must apply t-distribution tables.<o:p><\/o:p><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-62b2b56 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"62b2b56\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8adce85\" data-id=\"8adce85\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ea3df7b elementor-widget elementor-widget-image\" data-id=\"ea3df7b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"693\" src=\"https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/z-and-t-distributions-comparison.png\" class=\"attachment-large size-large wp-image-1668\" alt=\"\" srcset=\"https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/z-and-t-distributions-comparison.png 1024w, https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/z-and-t-distributions-comparison-300x203.png 300w, https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/z-and-t-distributions-comparison-768x520.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ee0f5d3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ee0f5d3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7982642\" data-id=\"7982642\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1999985 elementor-widget elementor-widget-text-editor\" data-id=\"1999985\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-style: inherit; font-weight: inherit;\">As the sample sizes are small, the uncertainty from t-tables\nare more and hence the t-distribution has more area under the tail area. The\nt-distribution approaches the normal curve as the sample size approaches 30.<\/span><\/p>\n\n<p>And it may be a better idea to apply t-tables for\nstatistical inference as a default strategy.<o:p><\/o:p><\/p>\n\n<p>The method of solving the problems using the t-distribution\npretty much follows the same steps that we have outlined before but the\nformulas are slightly different.<o:p><\/o:p><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fdac7b3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fdac7b3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e5cec69\" data-id=\"e5cec69\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8ba0aaf elementor-widget elementor-widget-heading\" data-id=\"8ba0aaf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is a One Sample t-test?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0673f02 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0673f02\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ca19612\" data-id=\"ca19612\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ed003e7 elementor-widget elementor-widget-text-editor\" data-id=\"ed003e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-style: inherit; font-weight: inherit;\">The One-Sample T-Test is a statistical technique used to<br>determine whether the mean of a sample is significantly different from a known<br>or hypothesized population mean (\u03bc). This test is particularly useful when:<\/span><\/p>\n<p><o:p>&nbsp;<\/o:p><\/p>\n<p>&#8211; The sample size is small (typically n &lt; 30)<o:p><\/o:p><\/p>\n<p>&#8211; The population standard deviation is unknown<o:p><\/o:p><\/p>\n<p><o:p>&nbsp;<\/o:p><\/p>\n<p>It helps researchers assess whether the observed sample data<br>could plausibly have come from a population with a specific mean.<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p><b><u>Step-by-Step Procedure<\/u><\/b><o:p><\/o:p><\/p>\n<p><b><u><br><\/u><\/b><\/p>\n<p><u>Step 1: Formulate the Hypotheses<\/u><o:p><\/o:p><\/p>\n<p><br><\/p>\n<p>\u2022 Null Hypothesis (H\u2080): \u03bc = \u03bc\u2080 (The population mean is equal<br>to the claimed value)<o:p><\/o:p><\/p>\n<p>\u2022 Alternative Hypothesis (H\u2081): \u03bc \u2260 \u03bc\u2080 (The population mean<br>is not equal to the claimed value \u2014 two-tailed test)<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p><u>Step 2: Calculate the Test Statistic<\/u><o:p><\/o:p><\/p>\n<p><u><br><\/u><\/p>\n<p>We use the formula:<o:p><\/o:p><\/p>\n<p>t = (x\u0304 &#8211; \u03bc\u2080) \/ (s \/ \u221an)<o:p><\/o:p><\/p>\n<p><o:p>&nbsp;<\/o:p><\/p>\n<p>Where:<o:p><\/o:p><\/p>\n<p>&#8211; x\u0304 = sample mean<o:p><\/o:p><\/p>\n<p>&#8211; \u03bc\u2080 = hypothesized population mean<o:p><\/o:p><\/p>\n<p>&#8211; s = sample standard deviation<o:p><\/o:p><\/p>\n<p>&#8211; n = sample size<o:p><\/o:p><\/p>\n<p><o:p>&nbsp;<\/o:p><\/p>\n<p>This formula computes how many standard errors the sample<br>mean is away from the hypothesized population mean.<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p><u>Step 3: Determine the Critical T-Value<\/u><o:p><\/o:p><\/p>\n<p><u><br><\/u><\/p>\n<p>Use the T-distribution table with:<o:p><\/o:p><\/p>\n<p>&#8211; Degrees of Freedom (df) = n \u2013 1<o:p><\/o:p><\/p>\n<p>&#8211; Significance level (\u03b1 = 0.05) for 95% confidence<o:p><\/o:p><\/p>\n<p>&#8211; For a two-tailed test, divide \u03b1 by 2 (i.e., 0.025 in each tail)<o:p><\/o:p><\/p>\n<p><br><\/p>\n<p><u>Step 4: Make a Decision<\/u><o:p><\/o:p><\/p>\n<p><u><br><\/u><\/p>\n<p>\u2022 If |t_obs| &gt; t_critical, reject H\u2080<o:p><\/o:p><\/p>\n<p>\u2022 If |t_obs| \u2264 t_critical, do not reject H\u2080<o:p><\/o:p><\/p>\n<p><o:p>&nbsp;<\/o:p><\/p>\n<p><\/p>\n<p>Alternatively, compute the p-value. If the p-value is less<br>than \u03b1, reject the null hypothesis.<o:p><\/o:p><\/p>\n<p><br><\/p><p><b><u>Example: Testing Glucometer Accuracy<o:p><\/o:p><\/u><\/b><\/p><p><b>Problem:<\/b><o:p><\/o:p><\/p><p>A manufacturer claims their glucometers measure blood\nglucose levels with an accuracy of \u00b110%. To test this claim, a sample of 12\nglucometers is selected, and their deviations from the standard value are\nmeasured:<o:p><\/o:p><\/p><p><o:p>&nbsp;<\/o:p><\/p><p><b>Data:<\/b><o:p><\/o:p><\/p><p>x = [11, 12, 15, 10, 9, 8, 11.5, 12.5, 13, 15, 17, 10.5]<o:p><\/o:p><\/p><p><o:p>&nbsp;<\/o:p><\/p><p>We want to test if the mean deviation is significantly\ndifferent from the claimed value of 10%.<o:p><\/o:p><\/p><p><br><\/p><p>Step 1: Hypotheses<o:p><\/o:p><\/p><p>\u2022 H\u2080: \u03bc = 10<o:p><\/o:p><\/p><p>\u2022 H\u2081: \u03bc \u2260 10<o:p><\/o:p><\/p><p><br><\/p><p>Step 2: Compute the Test Statistic<o:p><\/o:p><\/p><p>\u2022 Sample size (n) = 12<o:p><\/o:p><\/p><p>\u2022 Sample mean (x\u0304) = 12.042<o:p><\/o:p><\/p><p>\u2022 Sample standard deviation (s) = 2.64<o:p><\/o:p><\/p><p>\u2022 Standard error (SE) = s \/ \u221an = 2.64 \/ \u221a12 \u2248 0.762<o:p><\/o:p><\/p><p><o:p>&nbsp;<\/o:p><\/p><p>t = (12.042 &#8211; 10) \/ 0.762 \u2248 2.679<o:p><\/o:p><\/p><p><br><\/p><p>Step 3: Determine Critical Value<o:p><\/o:p><\/p><p>\u2022 Degrees of freedom = 11<o:p><\/o:p><\/p><p>\u2022 \u03b1 = 0.05 (two-tailed \u2192 0.025 in each tail)<o:p><\/o:p><\/p><p>\u2022 From t-distribution table: t-critical = \u00b12.201<o:p><\/o:p><\/p><p><br><\/p><p>Step 4: Decision<o:p><\/o:p><\/p><p>\u2022 t-observed = 2.679 &gt; t-critical = 2.201<o:p><\/o:p><\/p><p>\u2022 Therefore, we reject the null\nhypothesis.<o:p><\/o:p><\/p><p><br><\/p><p>Conclusion<o:p><\/o:p><\/p><p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n<\/p><p><br><\/p><p>There is sufficient statistical evidence at the 5% level to\nconclude that the average deviation is significantly different from 10%. The\ndata does not support the manufacturer&#8217;s claim about the glucometer&#8217;s accuracy.<o:p><\/o:p><\/p><p><br><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5e8a245c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5e8a245c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ee973b5\" data-id=\"ee973b5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6e037298 elementor-widget elementor-widget-text-editor\" data-id=\"6e037298\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><\/p>\n<p><\/p>\n<p><\/p>\n<h2 class=\"wp-block-heading\"><span style=\"font-style: inherit; font-weight: inherit; font-size: 16px; color: rgba(82, 104, 64, 0.75);\">Hope you find this post useful. If you have any doubts or seek any clarifications, feel free to drop an email \u2013 <\/span><a href=\"mailto:madan.athimoolam@execedonline.co.in\" style=\"font-style: inherit; font-weight: inherit; font-size: 16px; background-color: rgb(246, 248, 245);\">madan.athimoolam@execedonline.co.in<\/a><\/h2>\n<p><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c9175bf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c9175bf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0297978\" data-id=\"0297978\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4733abc elementor-widget elementor-widget-text-editor\" data-id=\"4733abc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"MsoNormal\"><span style=\"font-size: 15pt; line-height: 107%; font-family: 'DM Sans'; color: black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\">For comments and feedback, write to Madan Mohan Raj, \u00a0<\/span><a style=\"outline: 0px;\" href=\"mailto:athimoolam.madan@gmail.com\"><span style=\"font-size: 15pt; line-height: 107%; font-family: 'DM Sans'; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\">athimoolam.madan@gmail.com<\/span><\/a><span style=\"font-size: 15pt; line-height: 107%; font-family: 'DM Sans'; color: black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\">, Partner, Centre for Executive Learning.\u00a0<\/span><a href=\"https:\/\/execedonline.co.in\/\"><span style=\"font-size: 15pt; line-height: 107%; font-family: 'DM Sans'; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\">https:\/\/execedonline.co.in\/<\/span><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Overview In Management research, one has to understand the principles of Inferential Statistics and Hypothesis testing very well to ensure that the study results are significant, meaning that the results from the study are not merely the result of some random events but are repeatable. Inferential statistics In Inferential Statistics we make some inferences about [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"uagb_featured_image_src":{"full":["https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/analytics-gc4339c290_1280.png",1280,960,false],"thumbnail":["https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/analytics-gc4339c290_1280-150x150.png",150,150,true],"medium":["https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/analytics-gc4339c290_1280-300x225.png",300,225,true],"medium_large":["https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/analytics-gc4339c290_1280-768x576.png",768,576,true],"large":["https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/analytics-gc4339c290_1280-1024x768.png",1024,768,true],"1536x1536":["https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/analytics-gc4339c290_1280.png",1280,960,false],"2048x2048":["https:\/\/execedonline.co.in\/wp-content\/uploads\/2023\/05\/analytics-gc4339c290_1280.png",1280,960,false]},"uagb_author_info":{"display_name":"Madan Mohan Raj","author_link":"https:\/\/execedonline.co.in\/index.php\/author\/athimoolam-madan\/"},"uagb_comment_info":20,"uagb_excerpt":"Overview In Management research, one has to understand the principles of Inferential Statistics and Hypothesis testing very well to ensure that the study results are significant, meaning that the results from the study are not merely the result of some random events but are repeatable. Inferential statistics In Inferential Statistics we make some inferences about&hellip;","_links":{"self":[{"href":"https:\/\/execedonline.co.in\/index.php\/wp-json\/wp\/v2\/posts\/1662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/execedonline.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/execedonline.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/execedonline.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/execedonline.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=1662"}],"version-history":[{"count":26,"href":"https:\/\/execedonline.co.in\/index.php\/wp-json\/wp\/v2\/posts\/1662\/revisions"}],"predecessor-version":[{"id":1823,"href":"https:\/\/execedonline.co.in\/index.php\/wp-json\/wp\/v2\/posts\/1662\/revisions\/1823"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/execedonline.co.in\/index.php\/wp-json\/wp\/v2\/media\/1673"}],"wp:attachment":[{"href":"https:\/\/execedonline.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=1662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/execedonline.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=1662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/execedonline.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=1662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}