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Respond to the following in a minimum of 175 words: This week, we consider how to conduct hypotheses...

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Basic Math

Respond to thefollowing in a minimum of 175 words:

This week, we considerhow to conduct hypotheses test on one sample data. Discuss theconcepts associated with these tests. Consider the following:

The difference betweena one tail and a two tailed test.

The importance of stating the nulland alternative hypotheses before conducting the test.

The importance of a type one error(p) in conducting the test  

The relationship between the pvalue and our decision to accept or reject the null hypothesis

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