MM 305: Business Statistics and Quantitative Analysis
Question # 00024016
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Updated on: 08/24/2014 02:20 AM Due on: 08/24/2014
•Develop a Research Question: In your area of interest, think about a research question that could be answered using a hypothesis test. Write down this research question, and explain what your research is trying to investigate.
•State the Hypotheses: Using your research question, create either a one-tailed or a two-tailed hypothesis test and state your null hypothesis and alternative (research) hypothesis. Be sure to use Ho and Ha.
•Determine the Conclusion: Assume that you obtained a p-value less than your selected value for alpha, provide a conclusion about your research hypothesis.
•State the Hypotheses: Using your research question, create either a one-tailed or a two-tailed hypothesis test and state your null hypothesis and alternative (research) hypothesis. Be sure to use Ho and Ha.
•Determine the Conclusion: Assume that you obtained a p-value less than your selected value for alpha, provide a conclusion about your research hypothesis.
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Solution: MM 305 - Business Statistics and Quantitative Analysis Solution Paper