Description
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 develop the ability to use statistical analysis and verify whether or not a claim is valid before advertising it.
Assignment Steps
Resources: Microsoft Excel®, Spicy Wings Case Study, Spicy Wings Data Set
Develop a 700-word statistical analysis.
Use descriptive statistics to compute a measure of performance John can use to analyze his delivery performance. Find the following for your measures:
- Mean
- Standard deviation
- Sample size
- Five-number summary on the total time
Conduct a formal hypothesis testing to help John decide whether to offer the delivery guarantee or not.
Estimate the probability of an order taking longer than 30 minutes.
Make a recommendation in a short narrative including the following:
- Based on the sampled data, should John offer the guarantee?
- What percent of the Saturday deliveries would result in a customer receiving a free order?
- What recommendations might help John improve his Saturday delivery times?
Format your assignment consistent with APA format.
Click the Assignment Files tab to submit your assignment.
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Spicy wings case study
by Hal .
Submission date: 16-Feb-2018 10:30AM (UT C-0500)
Submission ID: 916989266
File name: Spicy_wings_case_study.docx (38.57K)
Word count: 761
Character count: 4114
Spicy wings case study
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Running head: STATISTICS APPLIED TO BUSINESS: SPICY WINGS COMPANY
Statistics applied to business: Spicy Wings Company
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STATISTICS APPLIED TO BUSINESS: SPICY WINGS COMPANY
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Statistics applied to business: Spicy Wings Company
John has decided to open a fast food restaurant in his hometown after having recently
graduated from the MBA course at the University. During the market research carried out while
deciding on how to manage the restaurant best, he observed that nearly none of the hospitals
were able of delivering the ordered food within ...