User Account

All Pages

Hypotheses for test

Assignment Help Business Management
Reference no: EM131177635

Jeremy Suss, the manager of a computer software company, wishes to study the number of hours that senior executives by type of industry spend at their desktop computers.  Jeremy selected a sample of five executives from each of three industries and recorded the following data.  He is going to us ANOVA to determine if there is a significant difference in the average number of hours between the three industries.  

Banking

Retail

Manufacturing

12

8

10

10

8

8

10

6

6

12

8

8

10

10

10



Enter the data into your Excel spreadsheet and run the analysis using Data/Data Analysis/ANOVA

a.  What would be the hypotheses for this test?

b.  Can Jeremy conclude that there is a difference in the mean number of hours spent by executives in the three different industries? What are you basing this conclusion on?

c.  Calculate the appropriate confidence intervals (Bk vs Ret, Bk vs Man, Ret vs Man) to determine where the difference lies. Use t value of 2.179 in your calculations.

Reference no: EM131177635

Questions Cloud

Describe the responsibilities of a counseling supervisor : Explain how the social situation with Travon and Elliot could impact the work environment. Develop a policy that you would implement to minimize ethical concerns related to social activities between colleagues while supporting collegial relationsh..
Recommend an eoq for macho heavy beer : Recommend an EOQ for Macho Heavy Beer. - Based on analysis of total variable inventory costs, is this offer attractive?
Avoid plagiarism in your own writing : How to Read a Plagiarism Checker Report," how will you use the information to ensure that your work is original and properly cited so that you avoid plagiarism in your own writing? at least 75 words please for your opnion.
What do min-vc and min-sc have in common : What do MIN-VC and MIN-SC have in common? Can one consider one of these problems as a special case of the other?
Hypotheses for test : a.  What would be the hypotheses for this test? b.  Can Jeremy conclude that there is a difference in the mean number of hours spent by executives in the three different industries? What are you basing this conclusion on?
What would be daphne role as a counselor : What are the ethical responsibilities that counselors and human services professionals hold toward the community? When answering this question identify the ethical code number and definition, using your own words, of the ethical responsibilities o..
Express this optimization problem as 0/1-lp : Consider the weighted MIN-VC, where every vertex has been assigned a positive integer weight, and the task is to minimize the overall weight of the vertex cover. Express this optimization problem as 0/1-LP.
Model of a business process : Using Microsoft® PowerPoint®, Microsoft® Word, or a drawing program of your choice, draw a diagram/model of a business process with which you are familiar.
How the content is applicable to financial management : A summary of the main points of the article. The research findings of the article (if appropriate). How the content is applicable to financial management?

Reviews

Write a Review

Business Management Questions & Answers

  Equipment impacting the capacity planning

How is GM's current operations equipment impacting their capacity planning, capacity flexibility, capacity requirement

  Evaluation design for trainingquestion what factors would

evaluation design for trainingquestion what factors would you consider when choosing an evaluation design for training?

  What could the business do to take care of any shortages

What could the business do to take care of any shortages or surpluses? Make sure that your recommendations take the strategic staffing level matters from the case introduction into account.

  What is the return on investment for scenario

If the new training program will reduce these costs to $60,000 per year, what is the maximum acceptable cost to initiate the program to reach the break-even point within three years? What is the return on investment for this scenario?

  Basic procurement cycle

The basic procurement cycle includes the following: Determination of requirements Determination of the source of supply

  Lassiez faire economicsdefinition of laissez faire

lassiez faire economics.definition of laissez faire economics. an economic doctrine that opposes government regulation

  How does informal organization differ and resembles

How does informal organization differ and resembles with formal organization? help me to narrate the solution of this question of my assignment in business management

  Describe benefits and disadvantages of business analytics

Describe the benefits and disadvantages of business analytics, as well as how the organization can be proactive in addressing any disadvantages

  Self-actualizationit is my thoughts that when a person

self-actualizationit is my thoughts that when a person reaches a certain level of self-actualization their other

  How did this company enter this country

How did this company enter this country?

  Question 1 i differentiate between internal and external

question 1 i differentiate between internal and external environment in which an organization operatesii how managers

  Analyze the consequences of standing up

Explain an instance when you stood up and spoke out for what was right even though you were in the minority or were greatly outnumbered.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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