The document discusses hypothesis testing using an example of testing the effectiveness of a new memory treatment. It outlines the five steps of hypothesis testing: 1) stating the null and alternative hypotheses, 2) setting the decision criteria, 3) collecting the data, 4) computing test statistics, and 5) making a decision about the null hypothesis. Specifically, it provides details about testing the effectiveness of a new drug treatment for patients with memory problems by comparing memory test errors between those who received the treatment and those who did not. It states that the goal is to determine if the difference observed is a real effect of the treatment or just sampling error.