**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: 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.

**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: 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.

**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: 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.

**Purpose of Assignment **

**Purpose of Assignment ****Purpose of Assignment **

**Assignment Steps **

**Assignment Steps ****Assignment Steps **

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

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

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

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

**Include** answers to the following:

**Include** answers to the following: **Include**

Case 1: Election Results

Case 1: Election Results

Use 0.10 as the significance level (α).

Use 0.10 as the significance level (α).

Case 2: SpeedX

Case 2: SpeedX

Use 0.10 and the significance level (α).

Use 0.10 and the significance level (α).

**Format** your assignment consistent with APA format.

**Format** your assignment consistent with APA format.**Format**