QNT351 Week-4 DQ

Question 1:
post a 300-400-word response to the discussion question below.
Please, make sure your answer reflects your own words and critical
thinking. You must meet the word count.
What are the five steps in the hypothesis testing procedure? How does
the five-step procedure for hypothesis testing differ when comparing
two groups using a t- or z-test? How is the process
similar? What is the importance of a 5% level of significance? Why would
you choose 5% as opposed to 10% or 1%?
Question 2:
post a 300-400-word response to the discussion question below.
Please, make sure your answer reflects your own words and critical
thinking. You must meet the word count as well.
What is the difference between a left-tailed, two-tailed, and
right-tailed hypotheses test. When would you choose a one-tailed
hypotheses test? How can you determine the direction of the hypotheses
test by looking at a pair of hypotheses? How can you tell which
direction (or no direction) to make the hypothesis by looking at the
problem statement (research question)?