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ProjectPartBTemplatev5.docx

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NOTE: This is a template to help you format Project Part B. I have put some explanations in red. Please delete these before submitting the assignment. All text in your submission should be black.

Project Part B: Hypothesis Testing

By

Put your name here

MATH533 – Applied Managerial Statistics

Prof. Bhupinder Sran

Keller Graduate School of Management

Put the location of your campus here

Put date of submission here

Put a table of contents on this page.

1. Introduction

Provide the purpose of this report and an overview of its content.

NOTE FOR SECTIONS 2, 3, 4, 5: The Course Project Overview section in the MODULES section of the shell, identifies 4 claims (hypotheses) that need to be tested. Please put the results of these hypothesis tests in section 2, 3, 4, 5. Each section should consist of a table similar to what is given in Section 2. Reviewing the Worksheet problems at the end of this week’s notes in the FILES section should help you in filling out the items in the table.

2. Hypothesis Test 1: Mean Sales per Week

Hypothesis statement

Ex. The mean sales per week exceeds 42.5 per sales person.

Null and alternate hypotheses

Ho:

Ha:

Type of test

Right tail or left tail or two tail. Briefly explain the reason for your answer.

Use z or t?

Select z or t and explain your selection.

Rejection region

Assume alpha = .05. Where is the rejection region? Format should be something like, for example, z>2.3

Test statistic

Give value of the test statistic

p-value

Give value of the p-value

Hypothesis test result using p-value

Do we reject or not reject Ho. Why?

Hypothesis test result using test statistic

Do we reject or not reject Ho. Why?

Do the results support the claim being made?

Avoid statistical jargon, i.e. don’t just mention “null hypothesis” or “alternate hypothesis”. Restate the claim. State your answer in terms that a business person would understand?

Example: “Since we are rejecting Ho, we have support for Ha, which is the martian’s claim. Therefore we can support the martian’s claim their average height is more than 24 inches”.

99% Confidence Interval for the mean

Give the 99% confidence interval for the mean of the variable being tested above.

3. Hypothesis Test 2: Put a meaningful header (Similar to section 2. The claim is in Course Project Overview in the Shell)

Please see the COURSE PROJECT OVERVIEW in the shell for which hypothesis to test. Create a table similar to the one in section 2 above.

4. Hypothesis Test 3: Put a meaningful header (Similar to section 2. The claim is in Course Project Overview in the Shell)

Please see the COURSE PROJECT OVERVIEW in the shell for which hypothesis to test. Create a table similar to the one in section 2 above.

5. Hypothesis Test 4: Put a meaningful header (Similar to section 2. The claim is in Course Project Overview in the Shell)

Please see the COURSE PROJECT OVERVIEW in the shell for which hypothesis to test. Create a table similar to the one in section 2 above.

6. Summary

1-2 paragraph summary of your findings.

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