In a managerial report, Use appropriate descriptive statistics to summarize the training time data for each method What similarities or differences do you observe from the sample data Conduct a hypothesis test on the difference between the population means for the two methods Discuss your findings Compute the standard deviation and variance for each training method Conduct a hypothesis test about the equality of population variances for the two training methods Discuss your findings Explain what conclusion you can reach about any differences between the two methods What is your recommendation Explain Suggest other data or testing that might be desirable before making a final decision on the training program to be used in the future Step 3 Discuss What did you find in your analysis of the data Were there any surprising results What recommendations would you make based on your findings Include details from your managerial report to support your recommendations Current Proposed 7674 7675 7777 7478 7674 7480 7473 7773 7278 7876 7376 7874 7577 8069 7976 7275 6972 7975 7272 7076 7072 8177 7673 7877 7269 8277 7275 7376 7174 7077 7775 7878 7372 7977 8278 6578 7776 7975 7376 7676 8175 6976 7580 7577 7776 7975 7673 7877 7677 7677 7379 7775 8475 7472 7482 6976 7976 6674 7072 7478 7271

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Question: In a managerial report, Use appropriate descriptive statistics to summarize the training time data for each method. What similarities or differences do you observe from

In a managerial report,

Use appropriate descriptive statistics to summarize the training time data for each method. What similarities or differences do you observe from the sample data?
Conduct a hypothesis test on the difference between the population means for the two methods. Discuss your findings.
Compute the standard deviation and variance for each training method. Conduct a hypothesis test about the equality of population variances for the two training methods. Discuss your findings.
Explain what conclusion you can reach about any differences between the two methods. What is your recommendation? Explain.
Suggest other data or testing that might be desirable before making a final decision on the training program to be used in the future.

Step 3: Discuss:

What did you find in your analysis of the data? Were there any surprising results? What recommendations would you make based on your findings? Include details from your managerial report to support your recommendations.

Current Proposed

7674

7675

7777

7478

7674

7480

7473

7773

7278

7876

7376

7874

7577

8069

7976

7275

6972

7975

7272

7076

7072

8177

7673

7877

7269

8277

7275

7376

7174

7077

7775

7878

7372

7977

8278

6578

7776

7975

7376

7676

8175

6976

7580

7577

7776

7975

7673

7877

7677

7379

7775

8475

7472

7482

6976

7976

6674

7072

7478

7271

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