What is the role of assumptions in the hypothesis testing process?
In the realm of Business Intelligence (BI), understanding the hypothesis testing process is crucial for making informed decisions. Hypothesis testing is a statistical method used to determine if there is enough evidence to reject a default assumption, known as the null hypothesis, about a population. The process begins with the formulation of two opposing hypotheses—the null and the alternative. The role of assumptions in this process is foundational; they shape the structure of the hypothesis test and influence the interpretation of results.