Null and alternate hypothesis-issues
In looking at your business, when and why would you want to use a one-sample mean test (either z or t) or a two- sample t-test? Create a null and alternate hypothesis for one of these issues. How would you use the results?
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Personal/financial management is the process of controlling your income and your expenses. In what ways do you feel your personal/financial management has affected (good and/or bad) your work performance?
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Determine annual opportunity cost of checking account which needs $350 minimum balance to avoid service charges?
At times we can generate a regression equation to explain outcomes. For example, employee's salary can frequently be explained by their pay grade, appraisal rating, education level, etc.
In looking at your business, when and why would you want to employ a one-sample mean test (either z or t) or a two- sample t-test? Make a null and alternate hypothesis for one of such issues. How would you employ the results?
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Forecast effect of bumper crop on price or corn. suppose that entire crop is sold this year, meaning that price elasticity of supply is zero.
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