Chopra Assignment 2
Chopra Assignment 2
1 The EAI data has information on the annual incomes of managers and whether they have attended the tra
2 Take a random sample from this data based on your sample size from question 1, and obtain the sample t
3 Test the hypothesis that the population mean is equal to $52,000. Clearly state both your null and alterna
4 Test the hypothesis that the population proportion is equal to 0.6. Clearly state both your null and alterna
Instructions to follow
The EAI data is already available on Classes. Due Date: December 10, by Midnight
Only work done in Microsoft Excel will be graded. All your responses should be in one file. Multiple submissions of responses will not be a
Save your file starting with your last name (surname) before uploading to Classes.
BUSINESS ANALYTICS AND STATISTICS
ASSIGNMENT 2
ABHILASHA CHOPRA
er they have attended the training program or not. This data comprise all the 2500 managers that work for this organization. Base
on 1, and obtain the sample test statistics for both the mean and the proportion of managers that have received training.
e both your null and alternative hypothesis and specify the p-value for your test. You should use the t-test statistics for this assig
e both your null and alternative hypothesis and specify the p-value for your test.
missions of responses will not be accepted. Also, do not send any Word or pdf file, or copy and paste to Excel worksheet. I want to follow through your pro
k for this organization. Based on previous studies, the sample standard deviation was obtained as $4,000. This value is used as a
received training.
Question 2
df 244.853
Sample mean 51,712.5
Since the p-value (0.949) is greater than 0.05, fail to reject the null hypothesis.
There is no significant evidence to suggest that the population proportion is different from 0.6.
ypothesis.
Random Number
0.93
0.99 0.50
0.55
0.12
0.38
0.58
0.59
0.40
0.15
0.44
0.89
0.39
0.73
0.50
0.23
0.21
0.62
0.94
0.27
0.67
0.79
0.00
0.41
0.29
0.48
0.19
0.15
0.16
0.70
0.71
0.44
0.96
0.72
1.00
0.25
0.33
0.03
0.25
0.70
0.26
0.85
0.64
0.27
0.94
0.66
0.12
0.73
0.43
0.69
0.61
0.66
0.50
0.16
0.22
0.12
0.56
0.31
0.27
0.01
0.63
0.64
0.37
0.77
0.37
0.42
0.50
0.53
0.29
0.55
0.71
0.10
0.96
0.12
0.29
0.60
0.18
0.27
0.07
0.27
0.52
0.48
0.18
0.66
0.29
0.91
0.47
0.60
0.05
0.66
0.54
0.72
0.58
0.39
0.65
0.58
0.39
0.52
0.22
0.42
0.60
0.40
0.84
0.64
0.79
0.18
0.50
0.58
0.33
0.25
0.87
0.65
0.98
0.60
0.91
0.61
0.66
0.70
0.71
0.46
0.76
0.58
0.77
0.52
0.79
0.76
0.35
0.32
0.20
0.90
0.29
0.31
0.95
0.24
0.08
0.99
0.51
0.86
0.49
0.98
0.90
0.92
0.20
0.27
0.06
0.80
0.08
0.56
0.24
0.22
0.74
0.85
0.40
0.88
0.39
0.89
0.56
0.27
0.84
0.67
0.64
0.73
0.15
0.02
0.87
0.72
0.50
0.33
0.75
0.51
0.12
0.75
0.40
0.20
0.06
0.57
0.08
0.11
0.01
0.76
0.01
0.51
0.69
0.05
0.50
0.58
0.17
0.94
0.24
0.23
0.08
0.54
0.89
0.97
0.86
0.18
0.63
0.96
0.35
0.33
0.95
0.11
0.82
0.54
0.52
0.17
0.38
0.63
0.77
0.27
0.98
0.93
0.99
0.06
0.47
0.30
0.79
0.99
0.65
0.63
0.44
0.32
0.66
0.86
0.58
0.24
0.66
0.04
0.41
0.88
0.06
0.18
0.85
0.82
0.10
0.43
0.44
0.28
0.22
0.87
0.27
0.49
0.48
0.60
0.79
0.81
0.26