Consider a question you have had or have come across in your college, career, or personal life

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Consider a question you have had or have come across in your college, career, or personal life. Describe and apply the five steps below. Have fun with this discussion.

Five Step Process for Hypothesis Testing:

·      Step 1: State the hypothesis to be tested.

·      Step 2: Specify the decision rule. 

·      Step 3: Collect data and calculate necessary statistics to test the hypothesis.

·      Step 4: Make a decision.

·      Step 5: Take action based on the decision.