Discuss the concepts of hypothesis testing

Assignment Help Business Management

Reference no: EM133491283

Assignment:

Hypothesis testing allows us to use an analytical process to determine if a hypothesis is retained or rejected. This process compares a null hypothesis (HO), which states things as we believe they are, to an alternative hypothesis (HA), which proposes a change to what we believe exists.

Discuss the concepts of hypothesis testing, including what you are evaluating, when it should be used, and the differences between a one- and a two-tailed test.

Describe 1 example from your own personal or professional experiences where you could apply a hypothesis test. Discuss how knowing that information helped you.

Reference no: EM133491283

Questions Cloud

Review the potential impact of the consultancy intervention : A review of the potential impact of the consultancy intervention supported by a critical evaluation on how the project will meet organisational strategy.

Should be used for nuvance healthcare : How can I describe the resources that should be used for Nuvance Healthcare in the application of the strategic Plan?

Evaluate risks associated with doing business in nation : You are a senior manager at an U.S. automobile company with the job of deciding whether to invest in production facilities in China, Russia, or Germany.

Analyze australian legislative frameworks for its business : Based on the business environment of Burger Queen, analyse three (3) Australian legislative frameworks for its business and operation.

Discuss the concepts of hypothesis testing : Discuss the concepts of hypothesis testing, including what you are evaluating, when it should be used, and the differences between a one- and a two-tailed test.

How can do they contribute toward achieving sustainability : What are the differences and / or similarities between CSR and CSV? How can or do they contribute toward achieving sustainability?

How digital technologies disrupted nature of competition : Analyse how digital technologies have disrupted the nature of competition in the selected industry.

Description of the ethical issue : In your essay, you will include the following information: the name of the company or business and a description of the ethical issue that took place.

Why is it important to know legal aspects of small business : Discuss a particular law with regard to small businesses in Canada that you did not know about and that seemed interesting to you.

User Account

All Pages