I’m stuck on a Statistics question and need an explanation.
DISCUSSION POST MUST BE 10+ SENTENCES AND THE PEER REVIEWS MUST BE 7+ SENTENCES PLEASE USE YOUR OWN WORDS AND DO NOT COPY FROM OTHER SITES STAY ON TOPIC ,BE POSITIVE , AND DO NOT COMMENT ON GRAMMAR ERRORS. TALK DIRECTLY TO CLASSMATES IN PEER REVIEWS!!! YOU MUST COMPLETE BOTH PEER REVIEWS AND DISCUSSION QUESTION!! THANK YOU.
1) DISCUSSION QUESTION
Employees from Company A and Company B both receive annual bonuses. What information would you need to test the claim that the difference in annual bonuses is greater than $100 at the 0.05 level of significance? Write out the hypothesis and explain the testing procedure.
2) PEER REVIEW #1 (TAMMY)
Employees from Company A and Company B both receive annual bonuses. What information would you need to test the claim that the difference in annual bonuses is greater than $100 at the 0.05 level of significance? Write out the hypothesis and explain the testing procedure.
Explanation:
First, a sample of employees in each company, with their bonuses
nA ,nB
second, compute the average and standard deviation of the bonds in each company
third, hypothesis
H0:μA−μB=100
H1:μA−μB>100
fourth, value of the test statistic
ttest=spn11+n21(x1ˉ−x2ˉ)−(μ1−μ2)
fifth, value of p
P=P(t>ttest )
sixth, if p is less than 0.05, H0 is rejected….
From my understanding of hypothesis and what I recently learned from this course is that I know it is an educated guess. But in this scenario, the average between the two companies must be found weather the testing of the hypothesis is rejected or not. I feel that there could have been more information provided for this question but overall, the null hypothesis will be rejected if the maximum percent is 0.05. Also, if the p-value is less than then a two tailed test must be conducted and the null hypothesis should be rejected.
I really don’t know quite if I’m on the right track in regards to this discussion but I need feedback please.
3)PEER REVIEW #2 (MONICA
For this problem we have two independent variable, company A and company B, each having a bonus Mu 1 and Mu 2. The claim is the difference between these variables is greater than $100. Mu 1 – Mu 2 > 100. This is the alternative hypothesis. The opposite is the null hypothesis Mu 1 – Mu 2 <= 100. From here we must determine which test statistic to use t or z. The t test is used because we don’t have a large enough sample size and standard deviation is unknown.Then calculate the p value. If the p value is less than 0.05 we will reject the null hypothesis. If it’s greater then we fail to reject it.
I am not sure how to notate the equation using my keyboard so I hope this explanation will suffice.
Public organisation analysis
/in /by CarlosCan you help me understand this Management question?
Unit 3 Individual Project
Concern among the public sector is the demand for public organizations to be transparent about their budgets and spending habits. You have been scheduled to conduct a presentation for the State Budgeting Committee about the type of budget that the organization operates under. Identify the type of public organization for which you work, as well as what types of services, goods, or activities the organization provides to the public. Identify the size and scope of the organization.
Construct a budget using Excel that will provide a breakdown of the various budget items. Copy and paste the Excel spreadsheet of your budget into a Word document. Finally, explain how the budget is made available to the public for review. For example, is the budget made available at public meetings, on a special request, published in a newsletter, on the organization’s premises during regular business hours, via the organization’s Web site, or by some other means? If the budget is not available for the public to review, explain why. Furthermore, are there any provisions in place regarding the budget being made available for public view? Explain in detail.
Assignment Guidelines
Just answer the question
/in /by CarlosI don’t know how to handle this Statistics question and need guidance.
Describe and or define in your own words, giving clear and concrete real-world examples, the following concepts as the relate to variables: Probability; Conditional Probability; False Negative; False Positive; Random Variable; Normal Curve or Normal Distribution; Positive Skew; Negative Skew; Standard Deviations in a Bell Curve; Bernoulli Distribution; Sampling Distribution; Margin of Error; 0.05 Threshold; Statistical Significance
Be sure that your definition for each item is clear and practical. Make sure that your examples are visual (bars, graphs, charts, details, lists, etc.) so that I have a clear understanding of what you are trying to communicate. I am hoping that you have a clear grasp of the concepts and that you can illustrate that knowledge with clear representations/examples.
America as a Superpower
/in /by CarlosI’m studying for my History class and need an explanation.
This Assignment 3 again uses the ecree platform for doing and submitting the paper. Plus, all learned from the first two assignments the value of having the assignment INSTRUCTIONS sheet and the assignment’s FORMAT SAMPLE paper and TEMPLATE. So, please get those items below.
BEFORE SUBMISSION—AND BEFORE REALLY BEFORE STARTING ON THE DOING OF THIS PAPER, please make use of the following links (if needed, right click the link and Open in new window. Sometimes a document will flash to the top or bottom of your screen to a downloads folder):
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Write a board paper report – International Trade
/in /by CarlosHelp me study for my Business class. I’m stuck and don’t understand.
Strategic Marketing Review
develop an export strategy for an exporter in Malaysia for entry into the European market. Please choose a specific country in Europe that the product or products will be exported to. Also ensure that this firm is not already exporting this product(s) to that European country. (the report should NOT exceed 2500 words)
discussion question and peer reviews
/in /by CarlosI’m stuck on a Statistics question and need an explanation.
DISCUSSION POST MUST BE 10+ SENTENCES AND THE PEER REVIEWS MUST BE 7+ SENTENCES PLEASE USE YOUR OWN WORDS AND DO NOT COPY FROM OTHER SITES STAY ON TOPIC ,BE POSITIVE , AND DO NOT COMMENT ON GRAMMAR ERRORS. TALK DIRECTLY TO CLASSMATES IN PEER REVIEWS!!! YOU MUST COMPLETE BOTH PEER REVIEWS AND DISCUSSION QUESTION!! THANK YOU.
1) DISCUSSION QUESTION
Employees from Company A and Company B both receive annual bonuses. What information would you need to test the claim that the difference in annual bonuses is greater than $100 at the 0.05 level of significance? Write out the hypothesis and explain the testing procedure.
2) PEER REVIEW #1 (TAMMY)
Employees from Company A and Company B both receive annual bonuses. What information would you need to test the claim that the difference in annual bonuses is greater than $100 at the 0.05 level of significance? Write out the hypothesis and explain the testing procedure.
Explanation:
First, a sample of employees in each company, with their bonuses
nA ,nB
second, compute the average and standard deviation of the bonds in each company
third, hypothesis
H0:μA−μB=100
H1:μA−μB>100
fourth, value of the test statistic
ttest=spn11+n21(x1ˉ−x2ˉ)−(μ1−μ2)
fifth, value of p
P=P(t>ttest )
sixth, if p is less than 0.05, H0 is rejected….
From my understanding of hypothesis and what I recently learned from this course is that I know it is an educated guess. But in this scenario, the average between the two companies must be found weather the testing of the hypothesis is rejected or not. I feel that there could have been more information provided for this question but overall, the null hypothesis will be rejected if the maximum percent is 0.05. Also, if the p-value is less than then a two tailed test must be conducted and the null hypothesis should be rejected.
I really don’t know quite if I’m on the right track in regards to this discussion but I need feedback please.
3)PEER REVIEW #2 (MONICA
For this problem we have two independent variable, company A and company B, each having a bonus Mu 1 and Mu 2. The claim is the difference between these variables is greater than $100. Mu 1 – Mu 2 > 100. This is the alternative hypothesis. The opposite is the null hypothesis Mu 1 – Mu 2 <= 100. From here we must determine which test statistic to use t or z. The t test is used because we don’t have a large enough sample size and standard deviation is unknown.Then calculate the p value. If the p value is less than 0.05 we will reject the null hypothesis. If it’s greater then we fail to reject it.
I am not sure how to notate the equation using my keyboard so I hope this explanation will suffice.