SOLUTION: I need your assistance if anyone can help! 1. In hypothesis testing, why are verbal problem statements converted to numerical problem statements? Why is it important to ident

Question 60777This question is from textbook
: I need your assistance if anyone can help!
1. In hypothesis testing, why are verbal problem statements converted to numerical problem statements? Why is it important to identify the parameter when converting a problem statement from verbal to numerical?
2. What is the five-step process for hypothesis testing? Is the order important? Why or why not? Why do alphas differ among industries? How do ethics affect your chosen level of significance? Can you not reject and reject the null hypothesis? Why or why not? This question is from textbook

Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
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Cheers,
Stan H.
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