Sunday, December 4, 2011
State the Null Hypothesis and the Alternative Hypothesis for this question?
The annual profit for your organization last year was $1500, per employee. The average for the sector was $1650 per employee. You need to know if there is evidence that your organization is not as profitable, on average, as you competitors. The standard deviation for the sector is $200, per employee.|||ANSWER: Indeterminate because the sample size isn't stated.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment