Unit: Use Common Statistical Tests to Draw Conclusions From Data
Deliverable Length: 2 pages
Assignment Details
Assignment Descriiption
Based upon the input from Units 1 and 2, you have just received your next assignment that will contribute to your next decision. For the outdoor sporting
goods client, based upon your prior decision on whether or not to expand to the next market or retain your current position, justify your decision further
utilizing the chi-square distribution tool. One key criterion point: You do not have adequate data to formulate a full chi-square for the outdoor sporting goods
client. However, you have sufficient data to initiate this process. You are charged to demonstrate the initial steps of a nonparametric test that are qualitative.
Utilizing the null and alternative hypotheses, further present your justifications for your selection and what it means beyond the mere formulas. What is this
going to tell the Board of Directors and contribute to the decision-making process?
The following information may be helpful in understanding chi-square and hypothesis testing:
Please review this helpful video . https://www.youtube.com/watch?v=WXPBoFDqNVk
The presenter uses flipping a coin and rolling a die. These are examples and analogies used in the CTU resources.
The following are assumptions that might make the assignment more helpful and make the responses more uniform:
• Continue to utilize the Big D scenario. Work under the assumption that the sample is based upon 2 different proposed product lines.
• Additionally, work under the assumption that the same demographics are utilized for each product.
Please submit your assignment.
For assistance with your assignment, please use your text, Web resources, and all course materials. Find resources on how to write academically and use
APA citations, including an example of Masters-level writing, in the Writing Style Guide for Master’s Students.
Reference
Bozeman Science. (2011, November 13). Chi-squared test [Video]. YouTube. https://www.youtube.com/watch?v=WXPBoFDqNVk
For this short paper activity, you will learn about the three delays model, which explains…
Topic : Hospital adult medical surgical collaboration area a. Current Menu Analysis (5 points/5%) Analyze…
As a sales manager, you will use statistical methods to support actionable business decisions for Pastas R Us,…
Read the business intelligence articles: Getting to Know the World of Business Intelligence Business intelligence…
The behaviors of a population can put it at risk for specific health conditions. Studies…