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 > Statistics Posted 05 Sep 2017 My Price 11.00

Course Project

This week you will begin working on Phase 3 of your course project. Using the same data set and variables for your selected topic, add the following information to your analysis: Discuss the process for hypothesis testing. Discuss the 8 steps of hypothesis testing? When performing the 8 steps for hypothesis testing, which method do you prefer; P-Value method or Critical Value method? Why? Perform the hypothesis test. If you selected Option 1: Original Claim: The average salary for all jobs in Minnesota is less than $65,000. Test the claim using α = 0.05 and assume your data is normally distributed and σ is unknown. If you selected Option 2: Original Claim: The average age of all patients admitted to the hospital with infectious diseases is less than 65 years of age. Test the claim using α = 0.05 and assume your data is normally distributed and σ is unknown. Based on your selected topic, answer the following: Write the null and alternative hypothesis symbolically and identify which hypothesis is the claim. Is the test two-tailed, left-tailed, or right-tailed? Explain. Which test statistic will you use for your hypothesis test; z-test or t-test? Explain. What is the value of the test-statistic? What is the P-value? What is the critical value? What is your decision; reject the null or do not reject the null? Explain why you made your decision including the results for your p-value and the critical value. State the final conclusion in non-technical terms. Please show your work for the construction of the test-statistic and explain your process for finding the p-value and critical value. Be sure to use the Equation Editor to format your equations.

Answers

(10)
Status NEW Posted 05 Sep 2017 07:09 AM My Price 11.00

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