5 min listen
E95: Hypothesis Testing Basics - Can James Bond tell the difference between a shaken or stirred martini?
E95: Hypothesis Testing Basics - Can James Bond tell the difference between a shaken or stirred martini?
ratings:
Length:
5 minutes
Released:
Jan 23, 2024
Format:
Podcast episode
Description
To explain the concepts of hypothesis testing (null and alternative hypothesis statements), I use an example of James Bond. His famous line is "shaken, not stirred" when ordering a martini.
In a hypothesis test, we would set the null (default) hypothesis to say that he cannot tell the difference. The alternative hypothesis would be proven if there was data showing he could tell the difference (better than guessing or chance).
Hope this helps you understand the concept of hypothesis testing a little more clearly.
Are you interested? Contact me at brion@biz-pi.com
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Podcast Sponsor: Creative Safety Supply is a great resource for free guides, infographics, and continuous improvement tools. I recommend starting with their 5S guide. It includes breakdowns of the five pillars, ways to begin implementing 5S, and even organization tips and color charts. From red tags to floor marking; it’s all there. Download it for free at creativesafetysupply.com/5S
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In a hypothesis test, we would set the null (default) hypothesis to say that he cannot tell the difference. The alternative hypothesis would be proven if there was data showing he could tell the difference (better than guessing or chance).
Hope this helps you understand the concept of hypothesis testing a little more clearly.
Are you interested? Contact me at brion@biz-pi.com
Links
Need help in your organization? Let's talk! Schedule a free support call
Podcast Sponsor: Creative Safety Supply is a great resource for free guides, infographics, and continuous improvement tools. I recommend starting with their 5S guide. It includes breakdowns of the five pillars, ways to begin implementing 5S, and even organization tips and color charts. From red tags to floor marking; it’s all there. Download it for free at creativesafetysupply.com/5S
BIZ-PI.com
LeanSixSigmaDefinition.com
Have a question? Submit a voice message at Podcasters.Spotify.com
---
Send in a voice message: https://podcasters.spotify.com/pod/show/leansixsigmabursts/message
Released:
Jan 23, 2024
Format:
Podcast episode
Titles in the series (100)
E12: First SDCA before PDCA by Lean Six Sigma Bursts