Do customers who make more than 10 ATM transactions per month use significantly higher bank services ...

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Two or More Sample Hypothesis Testing Paper • Use the numerical data from one of the data sets available through the Data Sets link on your student website. • Develop one business research question from which you will formulate a research hypothesis that will test two or more populations. • Prepare a 1,050- to 1,750-word paper describing the results of a hypothesis test of two populations or more than two populations. • Include the following in your paper: 8 o Formulate both a numerical and verbal hypothesis statement regarding your research issue. o Perform the five-step hypothesis test on data pertaining to your selection. . Step – 1 (Formulate and State the Hypothesis) Ho: vs Ha: (alternative Step – 2 (Decide on the Significance Level and the Type of Test) sample size is 30 (Since n = 30, a z- test can also be used Step – 3 (State the Decision Rule) show Z distribution with proper tail association with bell curve Step – 4 (Calculate the Test Statistic) Step – 5 (Calculate the value and State the Conclusion) o Describe the results of your test, and explain how the findings from this hypothesis testing can be used to answer your research question. • Include your raw data tables and the results of your computations in your paper, using graphical and tabular methods of displaying data and results. X1: Account Balance in dollars X2: Number of ATM transactions in the month X3: Number of other bank services used X4: Has a debit card (0=no, 1=yes) X5: Receives interest on the account (0=no, 1=yes) X6: City where banking is done 60 accounts Balance ATM Services Debit Interest City 1756 13 4 0 1 2 748 9 2 1 0 1 1501 10 1 0 0 1 1831 10 4 0 1 3 1622 14 6 0 1 4 1886 17 3 0 1 1 740 6 3 0 0 3 1593 10 8 1 0 1 1169 6 4 0 0 4 2125 18 6 0 0 2 1554 12 6 1 0 3 1474 12 7 1 0 1 1913 6 5 0 0 1 1218 10 3 1 0 1 1006 12 4 0 0 1 2215 20 3 1 0 4 137 7 2 0 0 3 167 5 4 0 0 4 343 7 2 0 0 1 2557 20 7 1 0 4 2276 15 4 1 0 3 1494 11 2 0 1 1 2144 17 3 0 0 3 1995 10 7 0 0 2 1053 8 4 1 0 3 1526 8 4 0 1 2 1120 8 6 1 0 3 1838 7 5 1 1 3 1746 11 2 0 0 2 1616 10 4 1 1 2 1958 6 2 1 0 2 634 2 7 1 0 4 580 4 1 0 0 1 1320 4 5 1 0 1 1675 6 7 1 0 2 789 8 4 0 0 4 1735 12 7 0 1 3 1784 11 5 0 0 1 1326 16 8 0 0 3 2051 14 4 1 0 4 1044 7 5 1 0 1 1885 10 6 1 1 2 1790 11 4 0 1 3 765 4 3 0 0 4 1645 6 9 0 1 4 32 2 0 0 0 3 1266 11 7 0 0 4 890 7 1 0 1 1 2204 14 5 0 0 2 2409 16 8 0 0 2 1338 14 4 1 0 2 2076 12 5 1 0 2 1708 13 3 1 0 1 2138 18 5 0 1 4 2375 12 4 0 0 2 1455 9 5 1 1 3 1487 8 4 1 0 4 1125 6 4 1 0 2 1989 12 3 0 1 2 2156 14 5 1 0 2


Research Question: Do customers who make more than 10 ATM transactions per month use significantly higher bank services than customers who make 10 or less ATM transactions per month?

    • 8 years ago
    (1) Formulate the hypotheses: Ha: μ1 ≤ μ2 Ha: μ1 > μ2 ...
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