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Interview Questions in Business Analytics by Bhasker Gupta

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© Bhasker Gupta 2016

Bhasker Gupta, Interview Questions in Business Analytics , 10.1007/978-1-4842-0599-0_4

4. Hypothesis Testing

Bhasker Gupta

(1)Bangalore, Karnataka, India

Hypothesis testing forms the next building block in learning statistical techniques. Now that you are familiar with probability distributions, the next step is to validate a data point or whether a sample falls into these distributions. Building a hypothesis is the first step in conducting an experiment or designing a survey. Don’t just look on hypothesis testing as a statistical technique, but try to understand the core principles of this concept.

Q: What is a hypothesis?

It is a supposition or assertion made about the world. A hypothesis is the starting point of an experiment, ...

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