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How do we test an outcome statistically by accepting the alt hypothesis? What eqn do we use?

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Final answer:

Testing an outcome statistically by accepting the alternative hypothesis involves stating the null and alternative hypotheses, calculating the test statistic and p-value, and making a decision about the null hypothesis at a specified level of significance.

Step-by-step explanation:

The process of testing an outcome statistically by accepting the alternative hypothesis involves several steps:

  1. State an appropriate null hypothesis.
  2. State an appropriate alternative hypothesis.
  3. Define the random variable, P'.
  4. Calculate the test statistic.
  5. Calculate the p-value.
  6. Make a decision about the null hypothesis at a specified level of significance.
  7. Identify the Type I error.
  8. Identify the Type II error.

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