BUS 308 Wk 4 DQ's - management. A sample of containers was...

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Hypothesis Test - Week 4 Give an example of a hypothesis test you could perform at work or at home. State what the Null and the Alternative hypotheses would be in your test. Explain how you would settle on a reasonable level of significance for your scenario. Also explain what the type I and II errors would be if you reached the incorrect conclusion in your test. Respond to at least two of your classmates’ postings. 0 0 0 Hypotheses - Week 4 Assume you are the manager of a paint manufacturing factory. Your company has received complaints from customers that the containers hold less than the amount printed on them. On the other hand, corporate management is concerned that the containers hold more than the standard amount. You assign a statistician to verify the claims by the customers and the corporate
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Unformatted text preview: management. A sample of containers was selected and the volume of paint in each container was measured. Assuming that the volume printed on each container is 1 gallon, how would you formulate the null and alternative hypotheses to test the customers claim? That of the corporate management? Both customers and corporate management? As a manager, what reasonable criteria will you use to set a value for the level of significance to be used in the test? Suppose you arrive at the decision that there is not enough evidence to reject the null hypothesis, could you have made a mistake? What type of error would result in that case? Respond to at least two of your classmates postings...
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This note was uploaded on 08/29/2011 for the course BUSINESS 101 taught by Professor All during the Spring '11 term at Ashford University.

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BUS 308 Wk 4 DQ's - management. A sample of containers was...

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