00:01
Once again, welcome to a new problem.
00:05
This time we're dealing with hypothesis testing.
00:09
We're dealing with hypothesis testing.
00:11
And whenever you think about hypothesis testing, there are options for one -tailed tests.
00:23
And when you look at one -tailed tests, there are two options.
00:27
The first option is right -tailed.
00:31
So we have a right -tail test.
00:34
And then the second option is a left -tailed test.
00:40
And the right -tail test, this means that in terms of your normal distribution, you're testing the right side of the distribution.
00:50
And then the left tail, you're testing the left side of the distribution.
00:54
We also have a two -tailed test, so a two -tail test such that we can test both sides of the distribution for the two -tail test, and the test requirements include the now hypothesis.
01:14
So when we're testing, we have the now hypothesis, and we also have the alternative hypothesis.
01:22
So these are the tests, different types of tests that were running.
01:30
We're looking at a new problem and in this particular problem, we have a market research company, and so in this market research company we have a selection of 60 participants, so we're looking at 60 participants and the goal is to rate the two types of advertisements on a scale of 1 to 100.
02:03
And so the first question we're looking at is both odds equally effective.
02:10
So we're going to write, we want to write the now and alternative hypotheses.
02:15
Remember, these are ratings.
02:17
So in number one, we're going to say that the now is that the average ratings for the two advertisement add one and add two equivalent.
02:32
And then the alternative hypothesis is that the two ads are not equal.
02:39
So they're different.
02:40
The test statistic is to test for these differences.
02:46
So we use a t test such that we're saying the two means sigma x1 and sigma x2.
02:57
These two will end up to zero.
03:01
And then we have the standard error assuming the variances are different.
03:07
So if we assume different variances, this is going to be the standard error.
03:12
And then the second part of the problem is that.
03:16
Now we have 55 customers, so we have 55 customers in a store, and they're going to fill in a survey...