Week 8 Discussion Questions
1. Debate if “failing to reject the null” is the same as “accepting the null.” Support your position with examples of acceptance or rejection of the null. Next, give your opinion on whether or not a failed test “proves” the null hypothesis.
2. "Fixed-Pricing Contracting" Please respond to the following:
Among the different forms of fixed-price contracting, determine the single most significant form that you believe would benefit the small-business owner the most. Explain your answer.
Analyze how the small-business owner can take advantage of economic price adjustment. Give your opinion of what you believe would happen if the present economic situation changes the direction of these adjustments. Explain your answer.
3. "Setting Up a Bid" Please respond to the following:
From the e-Activity, list the steps a business must take into consideration when setting up a bid with the federal government. Determine the steps that an organization can skip and still have a strong bid. Support your answer.
Among the steps described in Part 1 of this discussion, determine at least three where avoiding mistakes is critical. Explain your choices.
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