Use Common Statistical Tests to Draw Conclusions from Data (2 pages) APA format w/references

 

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. 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.

>>
<<
What our clients say
Daphne Whitby
Daphne Whitby
My homework required that I use Java to produce a programming assignment. I’ve been running up and down with friends and workThank you for  your help 
Arnold M
Arnold M
This site did honor their end of the bargain. I have been searching for a college essay help services for a while, and finally, I found the best of the best.
Regina Smith
Regina Smith
I received my essay early this morning after I had placed an order last night. I was so amazed at how quickly they did my work. The most surprising thing is that I was not asked to pay for extra due to the short notice!! I am a happy student