b) What type of hypothesis test should you conduct (left-, right-, or two-tailed)? left-tailed right-tailed two-tailed
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When you're thinking about whether to go for a left-tailed, right-tailed, or two-tailed test, it all boils down to the question you’re asking! A left-tailed test is used when you're checking if a parameter is less than a certain value, while a right-tailed test is for when you’re looking for it to be greater. If you're just curious about any significant difference—whether it's more or less—you’ll want to go with a two-tailed test. Choosing the correct test is crucial, and picking the wrong one can lead to misleading conclusions. A common mistake is leaning towards a two-tailed test without fully considering the context. If you have a specific direction in mind based on prior research or theory, don’t shy away from the left or right-tailed options—your hypothesis deserves precise testing!