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Consider a business of any type. What is a situation where a hypothesis test might help...

Consider a business of any type. What is a situation where a hypothesis test might help make a decision? Describe the situation. Then you or someone in a reply can make up numbers for that situation and someone else can solve it.

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Answer :

given data :-

Then you or someone in a reply can make up numbers for that situation and someone else can solve it

now we need to find out a situation where a hypothesis test might help make a decision,

Hypothesis test :

give us a chance to consider a precedent where we need to test the impact of a middle in bringing down blood cholesterol it is being guaranteed by the assembling of middle that it can bring down blood cholesterol level by hard and fast 80% = 80/100

= 0.80

so we need to test the production guarantee

Null hypothesis test (H0) :- P\neq 0.80

Alternative hypothesis test (H1) :- P = 0.80

this is a two followed test as we are trying the case of 0.80

on the off chance that fabricate asserted, middle diminish cholesterol level by at any rate 80% then we would direct right followed test

Null hypothesis (H0) : P < 0.80

Alternative hypothesis (H1) : P \geq 0.80

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