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In this assignment, students will learn how statistical analysis is used in predicting an election winner in the first case. In the second case, students will conduct a hypothesis test to decide whether or not a shipping plan will be profitable. 

Assignment Steps 

Resources: Microsoft Excel®, Case Study Scenarios, SpeedX Payment Times 

Develop a 750 word statistical analysis based on the Case Study Scenarios and SpeedX Payment Times. 

Include answers to the following: 

Case 1: Election Results 

  • Use 0.10 as the significance level (α).
  • Conduct a one-sample hypothesis test to determine if the networks should announce at 8:01 P.M. the Republican candidate George W. Bush will win the state. 

Case 2: SpeedX

  • Use 0.10 and the significance level (α).
  • Conduct a one-sample hypothesis test and determine if you can convince the CFO to conclude the plan will be profitable. 

Format your assignment consistent with APA format.

  • 8 years ago
  • 30
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    CaseStudyElectionResultsandSppedX.docx

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    QNT561R9Week5CaseStudyElectionResultsSpeedXPaper.docx