Statistics 101: Hypothesis Testing
Hypothesis testing is a method used in Inferential Statistics to observe a small section of the population called a sample, in order to draw insights that can tell us about the population at large. Hypothesis testing forms the very foundation of statistical analysis, to the point where the main purpose of learning statistics is so that we can perform hypothesis testing. Take for example, your friend suggests a great place to order. Now if there is some basis to why he or she said that, which can be used to identify other great restaurants, then and only then would it be useful. If not, we would probably just be “tasting” by fluke. So, what is a hypothesis? Put simply, it is a calculated guess about something in the world around us based on an inference or insight drawn from an observation. Ofcourse, this should be proven and thus, we perform hypothesis testing which we’ll soon learn more about. For now, let’s take a look at what hypothesis looks like: Whether