1 Variance (Standard Deviation) Hypothesis Test: Illustration with Practical Example in Minitab

#HypothesisTest #1VarianceTest #1SampleStandardDeviationTest #1SampleTest

Hello Friends,
In the last video on hypothesis testing, we had seen a 1st hypothesis test for comparing one sample with the target i.e. 1-sample t-test.
In this video, we are going to learn 2nd hypothesis test for comparing one sample with the target i.e. 1 variance (σ)^2 or 1 sample standard deviation test, in Minitab software with the help of practical example for easy understanding and better clarity.
This video consists of the following topics:
• What is 1 Variance (σ)^2 or 1 sample standard deviation test in Hypothesis testing?
• Hypotheses for 1 Variance (σ)^2 or 1 sample standard deviation test
• Data considerations for 1 Variance test (σ)^2 or 1 sample standard deviation test
• Example of 1 Variance test (σ)^2 and Confidence Interval
• Conduct 1 Variance test (σ)^2 in Minitab with a practical example
• Detailed interpretation of results from 1 Variance test (σ)^2 conducted in both Minitab including the use of chi-square method or Bonett method for analysis, p-value and its interpretations, confidence intervals for Population standard deviation and Population variance and finally the conclusion.
I am sure, you will be liked it.

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