Question: Objective: 1. Identifying organizational problems that can be solved using one variable or two variables inference 2. Mapping the problems identified with the right statistical
Objective: 1. Identifying organizational problems that can be solved using one variable or two variables inference 2. Mapping the problems identified with the right statistical inferential analysis 3. Using an appropriate statistical tool to perform the analysis necessary and to communicate the solution to the business person charged with solving the organizational problem identified. A. Please identify four specific decision-making situations (or problems) in your organization where statistical analysis of either one variable or two variables would be appropriate to generate the required solution to the problem. Ensure that you define the problem clearly so that a corresponding statistical inferential problem with one or two variables can be specified. B. For each of the following business situations please restate the business problem as a corresponding statistics problem and identify which type of analysis is right for the problem defined.
1.A new production control assistant is hired by Wong's Cookie Factory. He has promised to increase production to a least 17,000 cookies a day. If he does not, he has promised to quit. After 90 days on the job, output has averaged 16,714.3 cookies, with a standard deviation of 8,012 cookies. At the 10 percent significance level, must he now resign as the new assistant in production control?
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