QNT 561 – Week 3 Syllabus
Apply concepts of probability to business decisions. Conduct one-sample and paired sample tests of hypothesis.
Individual Assignment
Hypothesis Test – Compare two independent groups – Select Z Test
Dan’s Sport and Grill – Sports Bar scenario
Sales of bottles of beer
| X1 – Sierra Nevada Pale | X2 – Red Tail | |
| 1 | ||
| 2 | ||
| … | ||
| 31 |
Data to be provided by the instructor.
Construct the research problem, question and purpose. Construct the null and alternative hypothesis. Use an alpha level of significance of .05.
Do Descriptive Statistics on this data and describe the data in a write-up. Run Mega Stat
G3 Learning Team T-Test Paired Observations Furniture Store:
A Sacramento furniture store designed an incentive plan for their sales force. The following data lists weekly income before and after the plan. Is the plan effective?
- Construct the research problem, question and purpose. Construct the null and alternative hypothesis. Use an alpha level of significance of .05.
- Do Descriptive Statistics on this data and describe the data in a write-up. Run Mega Stat Hypothesis Test: Paired observations. Explain the possible differences. Conclude and make recommendations.
Salesperson Before After
A 320 340
B 290 285
C 421 475
D 510 510
E 402 500
F 625 631
G 360 365
H 505 619
