What is the p- value for your hypothesis test

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Reference no: EM131849527

Use Question 28 as your case scenario. Presume you are the current CEO and you are trying to determine the timing on your plan for a successor. Be sure to make a recommendation on when you should begin transitioning in to your successor.

28. A shareholders' group, in lodging a protest, claimed that the mean tenure for a chief executive officer (CEO) was at least nine years.

A survey of companies reported in The Wall Street Journal found a sample mean tenure of x = 7.27 years for CEOs with a standard deviation of s = 6.38 years.

a. Formulate hypotheses that can be used to challenge the validity of the claim made by the shareholders' group.

b. Assume 85 companies were included in the sample. What is the p- value for your hypothesis test?

c. At a = .01, what is your conclusion? Instructions

Case Presentation:

Teamswill present on a Case/problem analysis. Each team presentation will include; Statement of Problem, Purpose the research, Research question(s), Hypotheses, Methodology, Findings/results, recommendations and/or implications. A case presentation guide will be provided.

For this exercise, each team will develop a persuasive presentation on an assigned case. Each team member is responsible for submitting their own excel file or calculations. Do not copy or submit another students effort in whole or in part as your own as this will constitute a violation of the student code of conduct.

Team members assign the member that is responsible for one of the following areas for the report; (1) Problem statement, Research Purpose and research question (2) Hypothes(i/e)s, Methodology and (3) Findings and business recommendation/implications. Each team member will be evaluated on their individual contribution to the case presentation.

The team is welcome to submit a common file of the presentation (exclusive of the calculations or excel file) in which each team member has contributed to their assigned area.

Note: Your team will not be addressing the specific questions associated with the assigned case/problem from the text. Use any problem specific questions as additional input and guidance to develop your part of the power point (Prezi) presentation in accordance with the guide and presentation examples provided.

The Case writeup example and guide are provided to help you to better understand what is expected for the sections of the 10 minute team presentation (that is, Do not actually write-up the case).

Reference no: EM131849527

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