Posted: March 6th, 2014
How would you select appropriate statistical tests for analysis research data? What aspects of research questions or data types are relevant considerations in choosing your tests? Why? Suppose that you perform a significance test regarding a population mean and that the evidence does not warrant rejection of the null hypothesis. When formulating the conclusion to the test, why is the phrase fail to reject the null hypothesis more accurate than the phrase accept the null hypothesis? Why can the null hypothesis not be proved? Explain.
5.2  How do you know you have validated a research study based on data gathered from primary or secondary sources? Have you been involved with any product test-marketing project? Explain. How did the resulting statistics affect the product’s marketing strategy? How can organizations skew the statistical outcomes of their business research?
5.3 Â In what way has the learning from this course helped you to effectively test hypotheses, draw conclusions, and provide recommendations to management? Consider what you have achieved in your research study conducted for this course?
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