This is a parametric test for a single random variable
Assumptions:
- Metric scale.
- In particular, the t-test is not valid for variables which only have an ordinal structure.
- IID data.
- No major deviations from normality, considering the sample size.
- In particular, the t-test is invalid for highly skewed distributions when sample size is less than 30. It may also be invalid for very highly skewed distributions at higher sample sizes.
Null Hypothesis
The expectation of