Purpose of Assignment
The object of this assignment is to enlarge students' abilities to add the enlightenment of pictorial statistics seasoned in Weeks 1 and 2 and one-sample theory cupeling to construct managerial decisions. In this assignment, students achieve understand how statistical dissection is used in predicting an acceptance winner in the pristine instance. In the relieve instance, students achieve influence a theory cupel to run whether or not a shipping intent achieve be advantageous.
Resources: Microsoft Excel®, Instance Study Scenarios, SpeedX Payment Times
Develop a 700- to 1,050-word statistical dissection grounded on the Instance Study Scenarios and SpeedX Payment Times.
Include answers to the following:
Case 1: Acceptance Results
Use 0.10 as the purport smooth (α).
Conduct a one-sample theory cupel to designate if the networks should herald at 8:01 P.M. the Republican petitioner George W. Bush achieve win the avow.
Case 2: SpeedX
Use 0.10 and the purport smooth (α).
Conduct a one-sample theory cupel and designate if you can indoctrinate the CFO to decide the intent achieve be advantageous.