Discussion:
Q1: What do you remember from the CLT and it's implications? Please touch up on them.
Q2: Explain how this theory is used in testing hypothesis.
Q3: What are confidence intervals telling us?
Q4: What region under the normal curve corresponds to Researcher's confidence?
Q5: What are the area under the 2 tails of normal curve used for, and what they tell us? How do we use them in hypothesis tests?
Q6: Who decides what the confidence level in a hypothesis test should be and based on what factors?