Posted: September 4th, 2015

Individual Work Week 10

Individual Work Week 10

Project description
Hypotheses are tested by using a click-through sequence in a statistical software package. A generalization about a hypothesis is made by comparing it to a significance level, which is a critical probability associated with a statistical hypothesis test that indicates how likely an inference supporting a difference between an observed value and some statistical expectation is true.

A researcher is asked to determine whether a sales objective of better than $75,000 per salesperson is possible. A market test is done involving 20 salespeople. What types of information might you receive from this type of study? Explain. How might this data be used in the decision making processes in the business? The sales results are located in
Week 10 Handout 1