Visit http://ilectureonline.com for more math and science lectures!
To donate:
http://www.ilectureonline.com/donate
https://www.patreon.com/user?u=3236071
We will learn the Level of Confidence = 1 – level of significance = 1 – alpha (alpha=level of significance).
Ex. If the test statistic falls in the critical region and we reject the null hypothesis then we have a 5% probability that we rejected H0 in error. But there is a 95% probability that we correctly rejected H0. We have a 95% level of confidence that the alternative hypothesis is true.
SMOKEY, OUR DOG, MAKES AN APPEARANCE AT 2:46.
Previous video in this series can be seen at:
https://youtu.be/BafU2tpjyZA
Next video in this series can be seen at:
https://youtu.be/GckZqXygNjg