Lec 2: Critical value approach | Hypothesis testing

#nommathex
#nommathex #hypothesistesting # criticalvalue #criticalpoints
Video title: Critical value approach | Hypothesis testing
What You'll Learn:
Welcome to our lecture on the Critical Value Approach in Hypothesis Testing! In this video, we will explore how to find critical points for left, right, and two-tailed tests using the standard normal table. We'll cover different values of alpha, including 1%, 2%, 5%, and 10%. Additionally, you'll learn how to calculate inverse normal values using a calculator. This comprehensive guide will enhance your understanding of hypothesis testing and equip you with the tools to perform critical value calculations with confidence
Topics Covered:
Understanding the Critical Value Approach
Finding Critical Points for Left-Tailed Tests
Finding Critical Points for Right-Tailed Tests
Finding Critical Points for Two-Tailed Tests
Working with Different Alpha Levels (1%, 2%, 5%, 10%)
Using the Standard Normal Table
Calculating Inverse Normal Values with a Calculator
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