(Answered) What is hypothesis testing

Management Studies

Please answer both parts with 1 page minimum using APA sources (at least two per question).

Question 1: What is hypothesis testing? Explain the general process and the steps included in conducting a hypothesis test? What is the difference between parametric and nonparametric hypothesis testing?

Question 2: What are some reasons that business outputs vary? For example why does production output vary? Explain the difference between common causes of variation and special causes of variation.

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