Math HW

Only answer 1 of the 2 questions below.  Show any work/calculations and any resources used with the in-text citing if necessary.

1)  Use the Internet or Strayer Library to research articles on hypothesis test and its application in business. Select one (1) company or organization which utilized hypothesis test technique for its business process (e.g., whether or not providing flexible work hours improve employee productivity.) Give your opinion as to whether or not the utilization of such a technique improved business process for the selected company or organization. Justify your response.

 

2)  Select one (1) project from your working or educational environment that you would use the hypothesis test technique. Next, propose the hypothesis structure (e.g., the null hypothesis, data collection process, confidence interval, test statistics, reject or not reject the decision, etc.) for the business process of the selected project. Provide a rationale for your response.

 

Slide 43 of PowerPoint

The Medical Rehabilitation Education Foundation reports that the average cost of rehabilitation for stroke victims is $24,672. To see if the average cost of rehabilitation is different at a particular hospital, a researcher selects a random sample of 35 stroke victims at the hospital and finds that the average cost of their rehabilitation is  $26,343. The standard deviation of the population is $3251. At α = 0.01, can it be concluded that the average cost of stroke rehabilitation at a particular hospital is different from $24,672?

**Pick a topic/problem similar to this one above and show how you solved the problem. Show both the calculation part and the answer in your answer. Please pick any topic you wish; state the problem/hypothesis clearly; calculate the problem to get the correct answer, and show all the calculations and numbers in your answer. 

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