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Test Hypothesized Mean.md

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Test Hypothesized Mean

Suppose that we think the [[Population Mean]] is $\mu$ and we have a sample with $N$ for the sample size.

  • Calculate the [[Sample Mean]]
  • Estimate [[Standard Error]]
  • Compute the [[Test Statistic]]
  • Compute the [[P-Value]]
  • Interpret said [[P-Value]]