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UA Car Dealership Recently Satisfaction Survey to New Car Customers Excel Worksheet
Question:A large car dealership recently sent out a satisfaction survey to randomly selected new carcustomers. The survey ...
UA Car Dealership Recently Satisfaction Survey to New Car Customers Excel Worksheet
Question:A large car dealership recently sent out a satisfaction survey to randomly selected new carcustomers. The survey included several statements about satisfaction, and customersresponded using the 5-point agreement scale below:1 = Strongly Disagree; 2 = Disagree; 3 = Neither Agree nor Disagree; 4 = Agree; 5 = Strongly AgreeTwo of the statements on the survey were:1. I am satisfied with the sales associate who sold me my new vehicle.2. I am satisfied with the finance manager who helped me finance my new vehicle.Data from a random sample of 75 customers who bought and financed new vehicles at thedealership are in the Midterm Exam Workbook. Using the data, answer the following questions.questions.a. Set up the appropriate hypothesis test to determine whether customers were moresatisfied with their sales associate than with the finance manager. Specifically, statethe null hypothesis and the alternative hypothesis. Are the data paired or unpaired?b. Compute the test statistic and the associated p-value for the hypothesis test in(b)?c. Based on the results in (c), what is your conclusion about whether customerswere more satisfied with their sales associate than with the finance manager atα = .05?d. Now use the responses for the two statements in the data to compute the sampleproportions (𝑝̂’s) of customers who agreed those statements (i.e., responded with a 4or a 5), indicating that they were satisfied with (i) their sales associate or (ii) thefinance manager. Report these two sample proportions (𝑝̂’s).e. Compute 95% confidence intervals for the true mean proportion, 𝑝, of customers whowere satisfied with (i) their sales associate or (ii) the finance manager.f. Set up the appropriate hypothesis test to determine whether the proportion ofcustomers who were satisfied with their sales associate is greater than the proportionwho were satisfied with the finance manager. Specifically, state the null hypothesisand the alternative hypothesis. Is this a one-tailed test to the left, a one-tailed test to the right, or a two-tailed test?
Quantitative Reasoning II Project: Selecting a Topic
The purpose of this assignment is to use skills you have learned throughout all five weeks of the course. You will be able ...
Quantitative Reasoning II Project: Selecting a Topic
The purpose of this assignment is to use skills you have learned throughout all five weeks of the course. You will be able to apply what they have learned to solve a real world problem that you could use to in your future career.Create a 5- to 6-slide presentation that must include:One slide on the Introduction Introduce your topic and question that you chose in Week 2.Why did it interest you? How does it relate to life?What should the audience learn from your presentation?Three to four slides of your visualsShow your tables, scatter plot, other 2 visuals, calculations, and any other evidence to support your conclusion(s) that you created in Week 3.Explain what information in the data tables is not needed for your analysis.Discuss what you can conclude from the visuals. How do these visuals support your conclusion?One slide for a conclusion Restate your topic and question and give your answer to the scenario.How confident are you that your conclusion is sound?What work would need to be done to increase your confidence?Discuss what you learned from this project.Include detailed speaker notes for each slide.
BUS520 Trident Confidence Interval and Hypothesis Testing Questions
Assume once again that you are a consultant who works for the Diligent Consulting Group. You are continuing to work on the ...
BUS520 Trident Confidence Interval and Hypothesis Testing Questions
Assume once again that you are a consultant who works for the Diligent Consulting Group. You are continuing to work on the analysis of the customer database from Module 1.SLP ASSIGNMENT EXPECTATIONSComplete the following tasks in the Module 2 SLP assignment template:Generate a 95% confidence interval for the following two variables by hand: "Annual Amount Spent on Organic Food" and "Age."Generate a 95% confidence interval for the following two variables using the Excel formula =CONFIDENCE.T(): Annual Income and Number of People in the Household.Interpret the confidence intervals for each of the variables.The client insists the average income of his organic food customers is $150,000. Conduct a hypothesis test at the 0.10 level to test his statement. What is your decision?REQUIRED READINGThe primary resource for this module is Introductory Business Statistics, by Alexander, Illowsky, and Dean.Alexander, H., Illowsky, B., & Dean, S. (2017). Introductory Business Statistics. Openstax. Retrieved from https://openstax.org/details/books/introductory-business-statisticsFor Module 2, you should read through the following material in this textbook. There is quite a bit of detailed material in this module, so please start early.Chapter 7: The Central Limit TheoremSections 7.1 and 7.2 onlyThis chapter explains sampling distributions and the Central Limit Theorem.Chapter 8: Confidence IntervalsSections 8.1, 8.2, and 8.3 onlyThis chapter explains how to calculate confidence intervals for population means and proportions.Chapter 9: Hypothesis Testing with One SampleThis chapter introduces hypothesis testing, including the general steps and how to conduct one-sample tests.Chapter 10: Hypothesis Testing with Two SamplesSections 10.1, 10.3, and 10.6 onlyThis chapter expands on Chapter 9 material and focuses on two-sample tests. There are five tests introduced in this chapter, but we will only focus on three of them.
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UA Car Dealership Recently Satisfaction Survey to New Car Customers Excel Worksheet
Question:A large car dealership recently sent out a satisfaction survey to randomly selected new carcustomers. The survey ...
UA Car Dealership Recently Satisfaction Survey to New Car Customers Excel Worksheet
Question:A large car dealership recently sent out a satisfaction survey to randomly selected new carcustomers. The survey included several statements about satisfaction, and customersresponded using the 5-point agreement scale below:1 = Strongly Disagree; 2 = Disagree; 3 = Neither Agree nor Disagree; 4 = Agree; 5 = Strongly AgreeTwo of the statements on the survey were:1. I am satisfied with the sales associate who sold me my new vehicle.2. I am satisfied with the finance manager who helped me finance my new vehicle.Data from a random sample of 75 customers who bought and financed new vehicles at thedealership are in the Midterm Exam Workbook. Using the data, answer the following questions.questions.a. Set up the appropriate hypothesis test to determine whether customers were moresatisfied with their sales associate than with the finance manager. Specifically, statethe null hypothesis and the alternative hypothesis. Are the data paired or unpaired?b. Compute the test statistic and the associated p-value for the hypothesis test in(b)?c. Based on the results in (c), what is your conclusion about whether customerswere more satisfied with their sales associate than with the finance manager atα = .05?d. Now use the responses for the two statements in the data to compute the sampleproportions (𝑝̂’s) of customers who agreed those statements (i.e., responded with a 4or a 5), indicating that they were satisfied with (i) their sales associate or (ii) thefinance manager. Report these two sample proportions (𝑝̂’s).e. Compute 95% confidence intervals for the true mean proportion, 𝑝, of customers whowere satisfied with (i) their sales associate or (ii) the finance manager.f. Set up the appropriate hypothesis test to determine whether the proportion ofcustomers who were satisfied with their sales associate is greater than the proportionwho were satisfied with the finance manager. Specifically, state the null hypothesisand the alternative hypothesis. Is this a one-tailed test to the left, a one-tailed test to the right, or a two-tailed test?
Quantitative Reasoning II Project: Selecting a Topic
The purpose of this assignment is to use skills you have learned throughout all five weeks of the course. You will be able ...
Quantitative Reasoning II Project: Selecting a Topic
The purpose of this assignment is to use skills you have learned throughout all five weeks of the course. You will be able to apply what they have learned to solve a real world problem that you could use to in your future career.Create a 5- to 6-slide presentation that must include:One slide on the Introduction Introduce your topic and question that you chose in Week 2.Why did it interest you? How does it relate to life?What should the audience learn from your presentation?Three to four slides of your visualsShow your tables, scatter plot, other 2 visuals, calculations, and any other evidence to support your conclusion(s) that you created in Week 3.Explain what information in the data tables is not needed for your analysis.Discuss what you can conclude from the visuals. How do these visuals support your conclusion?One slide for a conclusion Restate your topic and question and give your answer to the scenario.How confident are you that your conclusion is sound?What work would need to be done to increase your confidence?Discuss what you learned from this project.Include detailed speaker notes for each slide.
BUS520 Trident Confidence Interval and Hypothesis Testing Questions
Assume once again that you are a consultant who works for the Diligent Consulting Group. You are continuing to work on the ...
BUS520 Trident Confidence Interval and Hypothesis Testing Questions
Assume once again that you are a consultant who works for the Diligent Consulting Group. You are continuing to work on the analysis of the customer database from Module 1.SLP ASSIGNMENT EXPECTATIONSComplete the following tasks in the Module 2 SLP assignment template:Generate a 95% confidence interval for the following two variables by hand: "Annual Amount Spent on Organic Food" and "Age."Generate a 95% confidence interval for the following two variables using the Excel formula =CONFIDENCE.T(): Annual Income and Number of People in the Household.Interpret the confidence intervals for each of the variables.The client insists the average income of his organic food customers is $150,000. Conduct a hypothesis test at the 0.10 level to test his statement. What is your decision?REQUIRED READINGThe primary resource for this module is Introductory Business Statistics, by Alexander, Illowsky, and Dean.Alexander, H., Illowsky, B., & Dean, S. (2017). Introductory Business Statistics. Openstax. Retrieved from https://openstax.org/details/books/introductory-business-statisticsFor Module 2, you should read through the following material in this textbook. There is quite a bit of detailed material in this module, so please start early.Chapter 7: The Central Limit TheoremSections 7.1 and 7.2 onlyThis chapter explains sampling distributions and the Central Limit Theorem.Chapter 8: Confidence IntervalsSections 8.1, 8.2, and 8.3 onlyThis chapter explains how to calculate confidence intervals for population means and proportions.Chapter 9: Hypothesis Testing with One SampleThis chapter introduces hypothesis testing, including the general steps and how to conduct one-sample tests.Chapter 10: Hypothesis Testing with Two SamplesSections 10.1, 10.3, and 10.6 onlyThis chapter expands on Chapter 9 material and focuses on two-sample tests. There are five tests introduced in this chapter, but we will only focus on three of them.
6 pages
Leadership Thought And Creativity.edited
Leadership Thought and Creativity (Case Study: J.K. Rowling) Leadership Thought and Creativity (Case Study: J.K. Rowling) ...
Leadership Thought And Creativity.edited
Leadership Thought and Creativity (Case Study: J.K. Rowling) Leadership Thought and Creativity (Case Study: J.K. Rowling) Joanne Kathleen Rowling is ...
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