Define Null Hypothesis, Confidence intervals, Type-I and Type-II errors

Define Null Hypothesis, Confidence intervals, Type-I and Type-II errors

Null Hypothesis

The Hypothesis was formulated for rejection under the assumption that it is true. Null Hypothesis is denoted by Ho .

Confidence Interval

A confidence interval is the mean of your estimate plus and minus the variation in that estimate.

Type-I and Type-II Errors

Type-I:- Rejection of Null hypothesis when it is True.

Type-II:- Failing to Reject a Null hypothesis when it is False.

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