Anderson, D. R., Sweeney, D. J., Williams, T. A., Camm, J. D., Cochran, J. J., Fry, M. J., & Ohlmann. J. W. (2021). Essentials of modern business statistics with Microsoft® Excel® (8th ed.). Cengage Learning.
Prior to beginning work on this discussion forum, watch the Week 2 Introduction (Links to an external site.) video, and read Chapters 9 and 10 in the MindTap ebook by clicking on the Getting Ready link for each perspective chapter.
WE WRITE PAPERS FOR STUDENTS
Tell us about your assignment and we will find the best writer for your project.
Write My Essay For MeStep 1: Read:
Review Case Problem: PAR Inc. Download Case Problem: PAR Inc.from Chapter 10 in the ebook.
Step 2: Do:
Run the t-Test: Two-Sample Assuming Unequal Variances for the Data File Golf (Chapter 10) using the video How to Add Excel’s Data Analysis ToolPak (Links to an external site.) for assistance.
In a managerial report, use the methods of hypothesis testing to
Formulate and present the rationale for a hypothesis test that Par could use to compare the driving distances of the current and new golf balls.
Analyze the data to provide the hypothesis testing conclusion. What is the p-value for your test? What is your recommendation for Par, Inc.?
Provide descriptive statistical summaries of the data for each model.
Explain what the 95% confidence interval is for the population mean driving distance of each model, and explain what the 95% confidence interval is for the difference between the means of the two populations.
Discuss whether you see a need for larger sample sizes and more testing with the golf balls.
Step 3: Discuss
Based on your hypothesis testing conclusion, what are your recommendations for Par, Inc? Support your recommendations with findings from your managerial report.
Order Original and Plagiarism-free Papers Written from Scratch:
