Question: This is a word problem that you must set up according to the five-step hypothesis process. You will perform a statistical test by hand, giving

This is a word problem that you must set up according to the five-step hypothesis process. You will perform a statistical test by hand, giving your conclusions and providing recommendations for the company in the problem. You MUST use the rejection region approach, not the p-value approach.

This is a word problem that you must set up according tothe five-step hypothesis process. You will perform a statistical test by hand,giving your conclusions and providing recommendations for the company in the problem.

You are the marketing manager for Square Enix, a leading companyin the electronic gaming industry. Your company owns the fabulously successful Final Fantasy series of games and it has established a successful {and lucratiye!]I beach head in massiye multiplayer online gaming with its Final Fantasy XI game. Square Enix is trying to build on this success with its Final Fantasy XIV gamewhich utilizes an entirely different game enginefor PCs, Xbox ne, and Play Station 4. You are in charge of a key expansion of Final Fantasy XIV, Realm of the Shadow Lord, so you haye been careful to beta-test this expansion in your four key geographical markets: Japan, the U.S., Korea, and Singapore. If your data from these markets indicates no difference in the degree of product acceptance by region. you are ready to recommend release of the game expansion to the general gaming public worldwide. If the data indicates that the product is not equally accepted by region, you will recommend further deyeloprnent and testing of the product. The table below provides a summary of data obtained from an appropriately drawn probability sample of 309 customers. Using an alpha of .DS, perform the flyestep hypothesis test and state your recommendation. \fThe Steps: State the null (H0) and alternate (Ha) hypotheses a) Choose the test statistic b) Give the critical value State the decision rule Calculate the test statistic a) State the conclusion (i.e., reject HEJ or not) b) Tell what the conclusion means c) Recommend a course of action

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!