We when run a hypothesis test, we are looking to verify a claim about a population...

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Statistics

We when run a hypothesis test, we are looking to verify a claimabout a population parameter. Why is it important that we have astatistical tool to allow us to do this? For example, suppose thatyou were the quality control officer for a CPU manufacturer. Yourjob is to ensure that the CPUs your company makes meet certainperformance standards so that when they are installed in iPhonesthey function properly and the phone company can truthfully claimthat its phone will perform in certain ways. What would you do toverify that your CPUs were meeting both industry standards as wellas the expectations of those companies that will purchase them foruse in their products?

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3.7 Ratings (490 Votes)

It is important to have a statistical tool with which certainparameters could be tested for sure because every single unitproduced by the firm cannot be tested and See Answer

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