(PS29) Fundamentals of Hypothesis Testing

In this video, we set the state of several of the concepts associated to hypothesis testing that we will explore in the upcoming discussions. We discuss the purpose of null and alternative hypothesis tests, type 1 and type 2 errors, power of the hypothesis test, levels of confidence and statistical significance, and one- versus two-tailed tests. The presentations of all of these topics are conceptual, as we will explore the calculations and applications of them in the following discussions. -The Let's Learn, Nemo Community- ►YouTube –    / letslearnnemo   ►Discord –   / discord   ►Twitch –   / letslearnnemo   ►Patreon -   / letslearnnemo   ►Website – https://www.LetsLearnNemo.com #LetsLearnNemo #Probability #Statistics