QNT 561 Week 5 Team OneSample Hypothesis Testing (Election Results, SpeedX
This Tutorial was purchased 7 times & rated A by student like you.
This Tutorial contains following Attachments
 QNT 561 Ns Week 5 T OneSample Hypothesis Testing (Election Results, SpeedX).docx
 QNT 561 Ns Week 5 T OneSample Hypothesis Testing (Election Results, SpeedX).pdf
Week 5
Learning team Paper
Part A : OneSample Hypothesis Testing Cases
Purpose of Assignment
The purpose of this assignment is to develop students' abilities to combine the knowledge of descriptive statistics covered in Weeks 1 and 2 and onesample hypothesis testing to make managerial decisions. 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 700 to 1,050word 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 onesample 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 onesample hypothesis test and determine if you can convince the CFO to conclude the plan will be profitable.
Format your assignment consistent with APA format.
Case Study #1 – Election Results
When an election for political office takes place, the television networks cancel regular programming and instead, provide election coverage. When the ballots are counted, the results are reported. However, for important offices such as president or senator in large states, the networks actively compete to see which will be the first to predict a winner. This is done through exit polls, wherein a random sample of voters who exit the polling booth is asked for whom they voted. From the data, the sample proportion of voters supporting the candidates is computed. Hypothesis testing is applied to determine whether there is enough evidence to infer the leading candidate will garner enough votes to win.
Suppose in the exit poll from the state of Florida during the 2000 year elections, the pollsters recorded only the votes of the two candidates who had any chance of winning: Democrat Al Gore and Republican George W. Bush. In a sample of 765 voters, the number of votes cast for Al Gore was 358 and the number of votes cast for George W. Bush was 407. The network predicts the candidate as a winner if he wins more than 50% of the votes. The polls close at 8:00 P.M. Based on the sample results, conduct a onesample hypothesis test to determine if the networks should announce at 8:01 P.M. the Republican candidate George W. Bush will win the state. Use 0.10 as the significance level (α).
Case Study #2 – SpeedX
SpeedX, a large courier company, sends invoices to customers requesting payment within 30 days. The bill lists an address, and customers are expected to use their own envelopes to return their payments. Currently, the mean and standard deviation of the amount of time taken to pay bills are 24 days and 6 days, respectively. The chief financial officer (CFO) believes including a stamped selfaddressed envelope would decrease the amount of time. She calculates the improved cash flow from a 2day decrease in the payment period would pay for the costs of the envelopes and stamps. You have an MBA from the University of Phoenix, and work for SpeedX as a business analyst. One of your job duties is to run analytics and present the results to the senior management for critical decisionmaking. You see this as an opportunity to utilize some of the skills you gained in the Statistics course. Because of your strong understanding and background in inferential statistics, you decide to take up this important assignment. You have learned any analysis in inferential statistics starts with sampling. To test the CFO’s belief, you decide to randomly select 220 customers and propose to include a stamped selfaddressed envelope with their invoices. The CFO accepts your proposal and allows you to run a pilot study. You then record the numbers of days until payment is received. Using your statistical expertise and skills you gained in the class, conduct a onesample hypothesis test and determine if you can convince the CFO to conclude that the plan will be profitable. Use 0.10 and the significance level (α).
Write a review
Order IdOrder Id will be kept Confidential
Your Name:
Your Review:
Rating: A B C D F
Enter the code in the box below:
This Tutorial was purchased 1 times & rated B+ by student like you.
What are differences between dependent and independent samples? Provide examples. What are implications for determining the tests used to analyze data?
..

This Tutorial was purchased 1 times & rated No rating by student like you.
What is the value of performing hypotheses tests to solve problems related to business and operations management? Provide specific examples.
..

This Tutorial was purchased 2 times & rated A by student like you.
1. Consider the pairs of measurements shown to the right.
2. Researchers investigated the effect of tablet surface area to volume on the rate at which a drug is released in a controlledrelease dosage. For six similarly shaped tablet..

This Tutorial was purchased 5 times & rated A+ by student like you.
What is the importance of pretesting questions and instruments? What are risks of not doing this? Provide an example.
..

This Tutorial was purchased 2 times & rated No rating by student like you.
does technological advancement affect the ability to collect data? Provide examples. Does this advancement increase the chance for errors? Explain.
..

This Tutorial was purchased 3 times & rated A+ by student like you.
1. Researchers conducted a survey of a representative sample of over 1,000 drivers. Based on how often each driver engaged in road behaviour, a road rage score was given. The drivers were also grouped by annual income. The data were subjected to an analysis of varian..

This Tutorial was purchased 3 times & rated A by student like you.
You observe female sales representatives having lower customer defections than male sales representatives. What concepts and constructs would you use to study this phenomenon? How might the concepts or constructs relate to explanatory hypotheses? Explain.
..

This Tutorial was purchased 0 times & rated No rating by student like you.
In your organization’s management development program, there was a heated discussion between people who claimed that theory is impractical and not effective, and others who claimed that effective theory is the most practical approach to problems. What position would you take and why?
..

This Tutorial was purchased 3 times & rated A by student like you.
1. Which hypothesis, the null or the alternative, is the statusquo hypothesis?
2. A university economist conducted a study of elementary school lunch menus. During the statemandated testing period, school lunches averaged 890 calor..

This Tutorial was purchased 0 times & rated No rating by student like you.
What is the purpose of sampling? What are some concerns and dangers of sampling? How important is the sample design to data validity? Explain. Provide an example where a sample might misrepresent data validity. For example, reflect on the current political campaign and the pollsters!
..

This Tutorial was purchased 1 times & rated No rating by student like you.
What are some examples of operational definitions in research design within your profession? For example, in the education field, graduation rate and retention rate are important operational definitions to measure progress of students. Likewise other professions have common metrics and defin..

This Tutorial was purchased 5 times & rated A by student like you.
1. A random sample of 87 observations produced a mean = 25.7 and a standard deviation s = 2.6.
2. Health care workers who use latex gloves with glove powder on a daily basis are particularly susceptible to developing a latex al..

This Tutorial was purchased 1 times & rated B+ by student like you.
When would you use Chebyshev’s theorem and the empirical rule in business? How are they calculated? Provide one reallife example that requires Chebyshev’s theorem and one that requires the empirical rule.
..

This Tutorial was purchased 4 times & rated No rating by student like you.
How may variance and standard deviation be applied to a realworld businessrelated problem? Provide a specific application in which these measures are useful.
..

This Tutorial was purchased 2 times & rated A by student like you.
1. What is statistics?
2. Explain the difference between descriptive and inferential statistics.
3. Explain the difference between qualitative and quantitative data.
4. &nb..

This Tutorial was purchased 4 times & rated A+ by student like you.
QNT 561 Week 1 Assignment Statistics Concepts and Descriptive Measures Instructions (Financial Data)
QNT 561 Week 1 Assignment Statistics Concepts and Descriptive Measures Instructions (Consumer Food)
QNT 561 Week 2 Case Study MBA Schools in Asia Pacific (2 Papers)
..

This Tutorial was purchased 10 times & rated A by student like you.
This Tutorial contains 2 Sets of Report and Presentation
Complete the cumulative Business Research Report in approx. 1,500 words by collaborating with your team to include the following:
Revised tables or figures based on prior instructor feedback
The description or interpretati..

This Tutorial was purchased 5 times & rated No rating by student like you.
This Tutorial contains 2 different sets
Administer the survey.
In a paper in the APA format describe the following:
Determine the sample process including sample contact, survey distribution, and survey collection.
Organize, prepare, and describe the data.
Include tabl..

This Tutorial was purchased 14 times & rated B+ by student like you.
Create a Microsoft® Excel® spreadsheet with the two variables from a dataset for your choosing.
Analyze the data with MegaStat®, StatCrunch®, Microsoft® Excel®or other statistical tool(s), including:
(a) Descriptive stats for each numeric variable
and
(b) Histogram for e..

This Tutorial was purchased 3 times & rated A+ by student like you.
This Tutorial contains 2 different sets
Create a draft of the survey.
Conduct a pilot pretest having another Learning Team in the class to provide feedback for your team. Chet will create a message thread for each team to place their survey in the Class Discussion Tab.&nb..

This Tutorial was purchased 6 times & rated A+ by student like you.
This Tutorial contains 2 different Papers
Develop a plan for your Business Research Project in approx. 800 words.
Revise the research questions based on instructor feedback from the previous week.
Identify population and samples for your research.
Describe w..

This Tutorial was purchased 4 times & rated No rating by student like you.
Identify an organization or business for your Learning Team research project.
Describe the products or services it provides.
Identify a problem or dilemma faced by the organization that could be addressed by research.
Discuss the problem as a team..

This Tutorial was purchased 15 times & rated A+ by student like you.
Identify an organization from any member in your Learning Team or an organization with which your team is familiar. If an actual company is used, disguise its name with a pseudonym.
Identify one independent variable and one dependent variable based on the business. Operation..

This Tutorial was purchased 20 times & rated A+ by student like you.
Chapter 13:
Ex 6) The owner of Maumee FordMercuryVolvo wants to study the relationship between the age of a car and its selling price. Listed below is a random sample of 12 used cars sold at the dealership during the last year.
a. If we wan..

This Tutorial was purchased 15 times & rated No rating by student like you.
Chapter 10:
Ex 2) A Sample of 36 observations is selected from a normal population. The sample mean is 12, and the population standard deviation is 3. Conduct the following test of hypothesis using the 0.01 significance level.
EX. 10) Given the following hypotheses:
..

This Tutorial was purchased 22 times & rated A by student like you.
Chapter 8:
Ex 2) The following is a list of 29 hospitals in the Cincinnati (Ohio) and Northern Kentucky region. The hospitals are identified by numbering them 00 through 28. Also included is whether the hospital is a general medical/surgical hospital (M/S) or a specialty hospital (..

This Tutorial was purchased 10 times & rated No rating by student like you.
Chapter 5:
Ex 4) A large company must hire a new president. The Board of Directors prepares a list of five candidates, all of whom are equally qualified. Two of these candidates are members of a minority group. To avoid bias in the selection of the candidate, the company decides to..

This Tutorial was purchased 14 times & rated A+ by student like you.
Chapter 2:
Ex 4) Two Thousand three hundred frequent business travelers are asked which Midwestern city they prefer: Indianapolis, Saint Louis, Chicago or Milwaukee. 388 liked Indianapolis best, 450 liked Saint Louis, 1212 liked Chicago and the remainder prefers Milwaukee. Develop ..

This Tutorial was purchased 11 times & rated A+ by student like you.
Chapter 18:
EX.2) Listed Below is the number of movie tickets sold at the Library CinemaComplex, in thousands, for the period from 2001 to 2013. Compute a fiveyear weighted moving average using weights of 0.15, 0.15, 0.25, 0.16, and 0.29, respectively. Describe the trend in yield..

This Tutorial was purchased 7 times & rated A by student like you.
Review the Case Study: MBA Schools in AsiaPacific and the Case Study: MBA Schools in AsiaPacific data set.
Prepare a 1,050word managerial report for your boss.
Use the following questions for guidelines and directions on what to include in the report:
1. &nbs..

This Tutorial was purchased 3 times & rated A+ by student like you.
Purpose of Assignment
The purpose of this assignment to orient students to the key concepts in statistics. This assignment will introduce students to the language of statistics. Students will also get a chance to warmup on evaluating some basic descriptive statistics using Excel® prior to th..

QNT 561 Week 1 Assignment Statistics Concepts and Descriptive Measures Instructions (Financial Data)
This Tutorial was purchased 4 times & rated A by student like you.
Purpose of Assignment
The purpose of this assignment to orient students to the key concepts in statistics. This assignment will introduce students to the language of statistics. Students will also get a chance to warmup on evaluating some basic descriptive statistics using Excel® prior to th..

This Tutorial was purchased 5 times & rated A+ by student like you.
Individual Paper Signature Assignment
About Your Signature Assignment
This signature assignment is designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad
statements that describe what students should know and be abl..

This Tutorial was purchased 7 times & rated A by student like you.
Week 5
Learning team Paper
Part A : OneSample Hypothesis Testing Cases
Purpose of Assignment
The purpose of this assignment is to develop students' abilities to combine the knowledge of descriptive statistics covered in Weeks 1 and 2 and onesample hypothesis testing to mak..

This Tutorial was purchased 6 times & rated A by student like you.
Week 5
Individual Paper
· Spicy Wings Case
Purpose of Assignment
The purpose of this assignment is to develop students' abilities to combine the knowledge of descriptive statistics covered in Weeks 1 and 2 and onesample hypoth..

This Tutorial was purchased 4 times & rated A+ by student like you.
Individual Paper
Purpose of Assignment
The purpose of the assignment is to develop students' abilities in using datasets to apply the concepts of sampling distributions and confidence intervals to make management decisions.
Assignment Steps
Resources: Micros..

This Tutorial was purchased 9 times & rated A by student like you.
Learning team paper
Purpose of Assignment
This assignment has two cases. The first case is on expansion strategy. Managers constantly have to make decisions under uncertainty. This assignment gives students an opportunity to use the mean and standard deviation of probability distribut..

This Tutorial was purchased 5 times & rated A by student like you.
Individual Paper:
Purpose of Assignment
The purpose of this assignment is for students to learn how to make managerial decisions using a case study on Normal Distribution. This case uses concepts from Weeks 1 and 2. It provides students an opportunity to perfor..

This Tutorial was purchased 6 times & rated A+ by student like you.
1. James Desreumaux, VP of Human Resources of American First Banks (AFB), is reviewing the employee training programs of AFB banks. His staff randomly selected personnel files for 100 tellers in the Southeast Region and determined that their mean training time ..

This Tutorial was purchased 6 times & rated A+ by student like you.
QNT 561 Final Exam Guide (New, 2017)
QNT 561 Week 1 Assignment Statistics Concepts and Descriptive Measures Instructions (Financial Data)
QNT 561 Week 1 Assignment Statistics Concepts and Descriptive Measures Instructions (Consumer Food)
QNT 561 Week 2 Case Study..

This Tutorial was purchased 4 times & rated A by student like you.
Individual Paper Signature Assignment
About Your Signature Assignment
This signature assignment is designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad
statements that describe what students should know and be abl..

This Tutorial was purchased 2 times & rated B+ by student like you.
After reading chapter 12, explain how ANOVA could help to explain the association between two variables. Give an example.
After reading chapter 13, how ANOVA could help to understand the expansion of the hypothesis testing of two variables?
After reading chapter 18, ..
