Elementary Statistics (12th Edition)

Published by Pearson
ISBN 10: 0321836960
ISBN 13: 978-0-32183-696-0

Chapter 8 - Hypothesis Testing - 8-2 Basics of Hypothesis Testing - Basic Skills and Concepts: 2

Answer

Estimate: you make the boundaries, hypothesis testing: you test the boundaries.

Work Step by Step

If you estimate then you "guess" two boundaries between which you expect the value to be, hence here you construct the values. Hypothesis testing means that you will test given boundaries which you will accept or reject.
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