QuickHelper

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About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 352 Weeks Ago, 4 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 24 Aug 2017 My Price 11.00

One-Sample Hypothesis Testing Cases

Question description

 

Purpose of Assignment

The purpose of this assignment is to develop students' abilities to combine the knowledge of descriptive statistics covered in Weeks 1 and 2 and one-sample hypothesis testing to make managerial decisions. In this assignment, students will learn how statistical analysis is used in predicting an election winner in the first case. In the second case, students will conduct a hypothesis test to decide whether or not a shipping plan will be profitable.

Assignment Steps

Resources: Microsoft Excel®, Case Study Scenarios, SpeedX Payment Times

Develop a statistical analysis of no more than 700 words based on the Case Study Scenarios and SpeedX Payment Times.

Include answers to the following:

Case 1: Election Results

  • Use 0.10 as the significance level (α).
  • Conduct a one-sample hypothesis test to determine if the networks should announce at 8:01 P.M. the Republican candidate George W. Bush will win the state.

Case 2: SpeedX

  • Use 0.10 and the significance level (α).
  • Conduct a one-sample hypothesis test and determine if you can convince the CFO to conclude the plan will be profitable.

Include a brief introduction and conclusion.

Format your assignment consistent with APA format

Attachments:

Answers

(10)
Status NEW Posted 24 Aug 2017 09:08 AM My Price 11.00

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