E95: Hypothesis Testing Basics - Can James Bond tell the difference between a shaken or stirred martini?
Listen now
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 ⁠[email protected]⁠ 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
More Episodes
In this podcast, I share a short clip from a recent training class, explaining the benefits of Lean Six Sigma Green Belt training to an organization, but more importantly, why it's important to the people attending the clas personally. If you're interested in taking a Lean, Green Belt or Black...
Published 04/25/24
In episode 101, I share an interview clip from John Barnett, former Boeing Quality Manager, as he discusses the culture of quality that might explain the recent airline issues. He was found dead while he was giving a deposition about his former company, but I don't go into those details. I wanted...
Published 03/27/24
Published 03/27/24