Discuss the concepts of hypothesis testing

Assignment Help Business Management
Reference no: EM133671145

Discussion Post: Hypothesis Testing

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.

1) Include a real world example in your discussion
2) Ask a critical thinking question to inspire further discussion
3) Is at least 175 words

Respond to the following in a minimum of 175 words:

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

2) 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: EM133671145

Questions Cloud

Government estimates amount of uncollectible taxes : In recording its property tax assessment for the year, a county government estimates the amount of uncollectible taxes.
Best-case scenario for churn and margin : What is the estimated CLV for $treaminNow, assuming the best-case scenario for churn and margin?
Employment that are subject to depreciation : Margie Frump is employed as a teacher. She occasionally purchases items that she uses in the course of her employment that are subject to depreciation
Implement solutions using modern large-scale data storage : CS5710 High Performance Computational Infrastructures, Brunel University - Demonstrate the appropriate practical skills/abilities required to implement solution
Discuss the concepts of hypothesis testing : Discuss the concepts of hypothesis testing, including what you are evaluating, when it should be used, and he differences between a one- and a two-tailed test.
Discuss how knowing that information helped you : Describe 1 example from your own personal or professional experiences where you could apply linear regression. Discuss how knowing that information helped you.
Describe an ideal organizational culture for organization : What impact does organizational culture have on organizational structure in health care? Describe an ideal organizational culture for health care organization.
Create one slide which describes the application : Create one slide which describes the application of immersive environments in business. Do not use an example from the workshop - you must research the article
Explain the importance of communication to good culture : Explain the importance of communication to good culture. Provide an example of the company's effective communication methods.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd