Week 4 Discussion Hypothesis testing is used in business to test assumptions and theories. These assumptions are tested against evidence provided by actual, observed data. A statistical hypothesis is a statement about the value of a population parameter that we are interested in. Hypothesis testing is a process followed to arrive at a decision between 2 competing, mutually exclusive, collective exhaustive statements about the parameter’s value. Consider the following scenario: An industrial seller of grass seeds packages its product in 50-pound bags. A customer has recently filed a complained alleging that the bags are underfilled. A production manager randomly samples a batch and measures the following weights: Weight, (lbs) 45.6 49.5 47.7 46.7 47.6 48.8 50.5 48.6 50.2 51.5 46.9 50.2 47.8 49.9 49.3 49.8 53.1 49.3 49.5 50.1 To determine whether the bags are indeed being underfilled by the machinery, the manager must conduct a test of mean with a significance level α = 0.05. In a minimum of 175 words, respond to the following: State appropriate null (Ho) and alternative (H1) hypotheses.What is the critical value if we work with a significant level α = 0.05?What is the decision rule?Calculate the test statistic.Are the bags indeed being underfilled?Should machinery be recalibrated? Globalization and Information Research Assignment Purpose  This assignment is intended to give you an opportunity to strengthen your skills in gathering and analyzing business-related information. It provides a deeper understanding of how companies can look at globalization as part of their strategic and operational plans. The assignment has two parts: one focused on information research and analysis, and the other is on applied analytics. Resources:  Microsoft Excel® "How Netflix Expanded to 190 Countries in 7 Years" (https://hbr.org/2018/10/how-netflix-expanded-to-190-countries-in-7-years) from Harvard Business ReviewCallCenterWaitingTime.xlsx file Part 1: Globalization and Information Research Context: Companies that perform well in their country of origin usually consider expanding operations in new international markets. Deciding where, how, and when to expand is not an easy task, though. Many issues need to be considered before crafting an expansion strategy and investing significant resources to this end, including: the level of demand to be expected for the company’s products/services presence of local competitors the regulatory, economic, demographic, and political environments Carefully researching and analyzing these and other factors can help mitigate the inherent risk associated with an overseas expansion strategy, thus increasing the likelihood of success. As a data analyst in your company’s business development department, you’ve been tasked with the responsibility of recommending countries for international expansion. You’ll write a report to the company’s executive team with your research, analysis, and recommendations. Instructions: Write a 525-word summary covering the following items: According to the article listed above, what were the most important strategic moves that propelled Netflix’s successful international expansion? The article mentions investments in big data and analytics as one of the elements accompanying the second phase of overseas expansion. Why was this investment important? What type of information did Netflix derive from the data collected? According to the article, what is exponential globalization? Not all international expansion strategies are a resounding success, however. Research an article or video that discusses an instance in which an American company’s expansion efforts in another country failed. According to the article/video you selected, what were the main reasons for this failure? Do you agree with this assessment? Explain some of the reasons why certain companies’ expansion plans have failed in the past. Part 2: Hypothesis testing Context: Your organization is evaluating the quality of its call center operations. One of the most important metrics in a call center is Time in Queue (TiQ), which is the time a customer has to wait before he/she is serviced by a Customer Service Representative (CSR). If a customer has to wait for too long, he/she is more likely to get discouraged and hang up. Furthermore, customers who have to wait too long in the queue typically report a negative overall experience with the call. You’ve conducted an exhaustive literature review and found that the average TiQ in your industry is 2.5 minutes (150 seconds). Another important metric is Service Time (ST), also known as Handle Time, which is the time a CSR spends servicing the customer. CSR’s with more experience and deeper knowledge tend to resolve customer calls faster. Companies can improve average ST by providing more training to their CSR’s or even by channeling calls according to area of expertise. Last month your company had an average ST of approximately 3.5 minutes (210 seconds). In an effort to improve this metric, the company has implemented a new protocol that channels calls to CSR’s based on area of expertise. The new protocol (PE) is being tested side-by-side with the traditional (PT) protocol. Instructions: Access the CallCenterWaitingTime.xlsx file. Each row in the database corresponds to a different call. The column variables are as follows: ProtocolType: indicates protocol type, either PT or PEQueueTime: Time in Queue, in secondsServiceTime: Service Time, in secondsPerform a test of hypothesis to determine whether the average TiQ is lower than the industry standard of 2.5 minutes (150 seconds). Use a significance level of α=0.05. Evaluate if the company should allocate more resources to improve its average TiQ. Perform a test of hypothesis to determine whether the average ST with service protocol PE is lower than with the PT protocol. Use a significance level of α=0.05. Assess if the new protocol served its purpose. (Hint: this should be a test of means for 2 independent groups.) Submit your calculations and a 175-word summary of your conclusions.

Critical Thinking Questions Please answer the following 2 questions from Life By Personal Design chapters 2 & 3 :1. What does it mean to you to eat foods that are in harmony with your body? Please pull 3 examplesfrom the reading to support your thoughts and share how you will personally apply these to your life. It is expected that you will provide a paragraph for each example (5-7 sentences).2. What body type/types do you identify with? What type/types of exercises do you currently participate in or want to incorporate into your life? Please explain how you believe exercise helps both our physical and emotional health. Please use complete sentences when answering the 3 questions posed above.(book name: Life by Personal Design by Maria Napoli & Sue Roe (3rd Edition))_______1-Please use APA or MLA format and include properly formatted citations when referencing the book or other sources. I don't need a title page, but I would like your assignments double-spaced using 12 pt Times New Roman font (or something very similar).2. Please answer questions fully and thoroughly. Please demonstrate you have read the chapters. Your responses should show synthesis as opposed to summary. I am anticipating this Sunday's responses to be approximately 1 1/2 to 2 pages in length.3. Remember to use personal experiences and connections. This course is all about you, and I want you to be honest and candid. If you are struggling to find a personal connection, please relate the question to an experience you have seen or have known someone else has gone through. This is a great opportunity for you to practice empathy.4. Be conscious of grammar and spelling. We have wonderful tutors and grad students working in the writing center and are there to help anyone who may need some guidance or a second pair of eyes to look at an assignment.

Strategic compensation is a component of the human resource system. Organizations must determine the importance of many factors when choosing compensation and benefits. Write a three-to-five page essay (not including the title and reference pages) that summarizes the impact and effect of compensation within an organization. Your paper should be written in a scholarly third-person tone; it should be in APA format. In addition to the introduction and conclusion, your paper should address the following:Examine how organizations determine the relative importance of compensable factors. Evaluate how compensation strategies tie into underlying corporate values.Analyze an example which demonstrates how an organization’s compensation and benefits programs have been utilized to obtain corporate strategic goals.In addition to the text, cite at least two scholarly references to support your discussion.