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"Question 1. Give an example of a hypothesis test you could perform at work or at home. State what the Null and the Alternative hypotheses would be...
"Question 1.Give an example of a hypothesis test you could perform at work or at home. State what the Null and the Alternative hypotheses would be in your test. Explain how you would settle on a reasonable level of significance for your scenario. Also explain what the type I and II errors would be if you reached the incorrect conclusion in your test. (I work in real estate)