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In the realm of technical product development, hypothesis testing acts as a bridge between design, data and decision-making. It enables teams to move beyond assumptions and validate their ideas ...
Hypothesis testing is a procedure for evaluating the strength of a hypothesis. The methodology depends on the data and the reason for the analysis.
Importance of Hypothesis Testing in Business Essentially good hypotheses lead decision-makers like you to new and better ways to achieve your business goals.
A t-test is an inferential statistic used in hypothesis testing to determine if there is a statistically significant difference between the means of two samples.
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