The only relevant test of the validity of a hypothesis is comparison of prediction with experience. is a quote of American economist and statistician Milton Friedman (1912 - 2006). The quote can be found in the chapter "The methodology of positive economics" written by Dr. Friedman as an original article in his 1953 book "Essays in Positive Economics" containing a collection of his earlier articles.
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May 25, 2010 Activity webinar presented by Ivan Ramler, St. Lawrence University and hosted by Leigh Slauson, Capital University. This webinar discusses an undergraduate Mathematical Statistics course project based on the popular video game Guitar Hero. The project included: 1) developing an estimator to address the research objective "Are notes missed at random?", 2) learning bootstrapping techniques and R programming skills to conduct hypothesis tests and 3) evaluating the quality of the estimator(s) under certain sets of scenarios.