capella MBA-FP6018 ASSESSMENT 5

Assessment Instructions

Overview

Write a 1–2 page analysis of an approach to gather data and statistically test a hypothetical assertion.

Note: The assessments in this course build upon each other, so you are strongly encouraged to complete them in sequence.

You are the manager of the Blander Mountain store in Frogtown, Illinois. Recently, a customer mentioned that he believed your prices for ammunition were lower than the prices of Blander's primary competitor in the hunting equipment market. You would like to be able to include that statement in a forthcoming print advertisement, so you need statistical evidence to support this assertion.

Identify the null and alternative hypotheses needed to test the contention.

Analyze the most appropriate sample selection technique to gather data for testing the hypothesis.

Identify what statistical test you should use to test this hypothesis with the data you will collect.

Compile your work in a 1–2 page Microsoft Word file, pasting in any graphics or tables you used in your analysis.