Purpose of Assignment 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. Include answers to the following: 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: SpeedXUse 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.

Your 31 year old daughter, who for five years has been underemployed and unemployed, announces she has secured a stable and high paying job as Director of Operations for a Colorado Marijuana facility. Explain how your knowledge of biostatistics might inform how you address the situation and how you might advance a Biblical worldview. Fell free to add details or assumptions left ambiguous in the prompt. Integrate at least one scholarly source on each thread pertaining to this topic and cite in AMA format.