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S2E35: A Poolside History of Quant, Part I

Quantitude

CHAPTER

The Importance of Alternative Hypotheses in Hypothesis Testing

Neiman and Pearson tried to be very concrete in terms of choosing an alternative. He would roll over in his grave if he saw what we typically do now. We work under fundamentally cowardly alternative hypotheses, she says. "It's just whatever the null hypothesis is not"

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