# Election Results Case Study 4

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### Question Description

The purpose of this assignment is to develop students' abilities to combine the knowledge of descriptive statistics covered in Weeks 1 and 2 and one-sample hypothesis testing to make managerial decisions. In this assignment, students will learn how statistical analysis is used in predicting an election winner in the first case. In the second case, students will conduct a hypothesis test to decide whether or not a shipping plan will be profitable.

Assignment Steps

Resources: Microsoft Excel®, Case Study Scenarios, SpeedX Payment Times

Develop a 700- to 1,050-word statistical analysis based on the Case Study Scenarios and SpeedX Payment Times.

Case 1: Election Results

• Use 0.10 as the significance level (α).
• Conduct a one-sample hypothesis test to determine if the networks should announce at 8:01 P.M. the Republican candidate George W. Bush will win the state.

Case 2: SpeedX

• Use 0.10 and the significance level (α).
• Conduct a one-sample hypothesis test and determine if you can convince the CFO to conclude the plan will be profitable.

Format your assignment consistent with APA format.

Click the Assignment Files tab to submit your assignment

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Robyn1994
School: Purdue University

Attached.

1

CASE STUDY
Name
Institution
Date

CASE STUDY

2

Introduction
information. Just a simple example, a marketing manager may be interested to know if brand X
is performing better than brand Y. This can be determined by comparing the average sales of
brand X and brand Y. If the averages sales are different, the next step is to find out if the
difference is significant or just by chance. To know this, you will need to perform some form of
‘laboratory experiment’ using various statistical procedures. One method used is a hypothesis
test. A hypothesis test is a statistical experiment used to measure the reasonableness of a given
theory or premise. The first step is to forma...

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Anonymous
Good stuff. Would use again.

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