What is Hypothesis Testing and how do we use it?
Actually, you already use it Suppose you meet someone for the first time, and they tell you that they can run at 10 km per hour (or just under 7 miles per hour, for those three nations that still use this system). Hint: average top running speed women ~ 10km/hr, and men ~ 12.8km/hr You might think, okay, that's close to average; that sounds reasonable. Now if they said they can run as fast as 30km/hr. Now that's a bit of a stretch. The average professional sprinter could sustain speeds of 24km/hr, so 30km/hr is improbable, but not impossible since Usain Bolt tops out at a whopping 44km/hr during his Olympic record run. Some people might say, nahhh, that's too far a stretch, but you might choose to believe them for now. But if they said they could reach more than 50km/hr. Is it possible? Sure, they might be a hidden Olympic record-shattering machine, an athletic monster like nothing the world has seen before, but at this...