Question

In: Statistics and Probability

Evaluate how organizations can use one-sample hypothesis testing to determine if there are performance issues in...

Evaluate how organizations can use one-sample hypothesis testing to determine if there are performance issues in the organization. Give specific examples.

Solutions

Expert Solution

ANSWER:

Ex-1)

For example: Suppose you want to check the average working hour of employees. You thought that the average duration of an employees is 7.6 hours. You want to check this claim so you collect a sample of 20 employees and note their duration of work. Assume that data are approximately distributed.

NULL HYPOTHESIS H0: HOURS

ALTERNATIVE HYPOTHESIS Ha: HOURS

alpha=0.05

t= 7.765-7.6/1.25/sqrt(20)

t= 0.165/1.25/4.47

t= 0.165/0.28

t= 0.589

degrees of freedom= n-1=20-1=19

t critical = 2.09

Since t critical is GREATER than t calculated therefore we fail to reject null hypothesis H0.

Conclusion: We don't have sufficient evidence to conclude that the mean working duration is different than 7.6 hours.

(OR) TRY THIS ANSWER

Ex-2)

Business managers settle on decisions every day that influence the effectiveness and achievement of their organizations. To screen progress and remain aggressive, most associations gather and store a lot of information. While the information gathered can be utilized to settle on significant business decisions, information stockpiling itself doesn't liken to improved basic leadership. Or maybe, it is important that you effectively break down and translate the information before applying it to improve business performance.

One significant method for breaking down a lot of information is through hypothesis testing. Hypothesis testing utilizes test measurements to test a case about an information parameter. For example, your organization needs to build deals by subsidizing another showcasing effort. It utilizes the battle in one area of the nation to test the impacts and starts gathering information to see whether the crusade has had its ideal impact. Your organization will possibly proceed with the new crusade broadly on the off chance that it accepts deals that will ascend by over 25%.

To test the case, you can perform hypothesis testing on the example information gathered from the test area. You would then be able to break down and present your outcomes to help decide if to utilize the battle broadly. Accurately deciphering the outcomes will influence your organization's capacity to settle on the ideal business choice and profoundly affect its future tasks.

To effectively finish the examination and make a fitting proposal, you should have the option to:

  • Characterize the components of hypothesis testing.
  • Create invalid and elective theories to examine the legitimacy of guarantee in basic leadership.
  • Recognize the means of hypothesis testing.
  • Perceive regular blunders and entanglements in hypothesis testing.
  • Apply hypothesis testing to regular business issues

NOTE:: I HOPE THIS ANSWER IS HELPFULL TO YOU......**PLEASE SUPPORT ME WITH YOUR RATING......

**PLEASE GIVE ME "LIKE".....ITS VERY IMPORTANT  FOR,ME......PLEASE SUPPORT ME .......THANK YOU


Related Solutions

How can production managers use hypothesis testing to evaluate different theories and their impacts business performance?
How can production managers use hypothesis testing to evaluate different theories and their impacts business performance?
Hypothesis Testing (One Sample- proportion) using the 5 step process: Use hypothesis testing to test the...
Hypothesis Testing (One Sample- proportion) using the 5 step process: Use hypothesis testing to test the claim that the percentage of women who use Cannabis on a regular basis is more than 26%. A random sample of 200 women found that 64 of them used Cannabis on a regular basis. Use a level of significance of 0.10.
How are the ways in which organizations choose to measure and evaluate the performance of their...
How are the ways in which organizations choose to measure and evaluate the performance of their segments tied to how managers of those segments get evaluated? What are the ways those approaches can fairly evaluate managers? How can those approaches sometimes unfairly evaluate managers? Can people "game" this system? If so, how? What can be done to ensure both accurate segment performance evaluation and fair manager evaluation?
Use the 5 step hypothesis testing procedure to determine if Saeko's hypothesis that the colors sell...
Use the 5 step hypothesis testing procedure to determine if Saeko's hypothesis that the colors sell in equal amounts is true. What is the null hypothesis? What is the alternative hypothesis? What is the level of significance? What is the Chi Square critical Value? Customer   Color Name   Color Type   Yards    Meters 1   Coriander   White   1,067.00    975.66 2   Black   Black   917.00    838.50 3   Daffodil   Yellow   762.00    696.77 4   Black   Black   735.00    672.08 5   Opal   Blue   551.00...
Explain what one-sample hypothesis testing is used for and why it is used
Explain what one-sample hypothesis testing is used for and why it is used
The objective of hypothesis testing is to reject the null hypothesis. How do we use the...
The objective of hypothesis testing is to reject the null hypothesis. How do we use the P-value to accomplish this goal? Describe the difference between One-way versus Two-way ANOVA and provide an example of each.
Explain how the ideas of hypothesis testing and rejecting the null hypothesis can be related to...
Explain how the ideas of hypothesis testing and rejecting the null hypothesis can be related to confidence interval. Be sure to also consider the idea of one-sided confidence intervals.
2) Write an essay explaining the particulars related to hypothesis testing and how you can use...
2) Write an essay explaining the particulars related to hypothesis testing and how you can use such an approach to explore a hypothesis or theory that you might be interested in pursuing.
E. Use the five-step hypothesis testing procedure below to determine if there is a difference in...
E. Use the five-step hypothesis testing procedure below to determine if there is a difference in the mean weight changes of mice in the two groups. Use the alpha level you selected in part D. In StatKey, you are going to conduct a randomization test for the difference in means. This data is titled “Mice Wgt Gain-2e (Light vs Dark at Night).” Note that there are two similar data sets, use the one from the second edition of the book...
How would you find the one sample z hypothesis testing using 4 steps for this question?
How would you find the one sample z hypothesis testing using 4 steps for this question?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT