1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Paraphin [41]
2 years ago
7

Describe a problem you face in your everyday life or at work. How might you use hypothesis testing to find a solution or improve

ment to that problem? Would you conduct a one-sample or two-sample test? What would be your null and alternative hypotheses?
Business
1 answer:
Tju [1.3M]2 years ago
4 0

Answer:

The common problem i encounter mostly is the statistical modelling problem.

In this scenario we choose best combination of independent variables for the hypothesis testing. the independent variable shows the significant effect on dependent variable so we keep it in modelling.

My null hypothesis would be that there is no significant effect of independent variable on dependent variable.  for my alternative hypothesis there exist is significant effect of independent variable on dependent variable.

Explanation:

Solution

The common problem I face daily is the statistical modelling problem which is the selection of relevant independent variable for prediction modelling.

In this example to select the best combination of independent variables we use hypothesis testing. if the independent variable has significant effect on dependent variable then the independent variable shows the significant effect on dependent variable so we keep it in modelling. In this way the model gets improved.

Since there are always two variables or two categories. hence it has a two sample test.

The Hypothesis can be shown below:

Null hypothesis:

H0:There is no significant effect of independent variable on dependent variable.

Alternative hypothesis:

Ha: There is significant effect of independent variable on dependent variable.

You might be interested in
Usa jobs is an example of what​
Dennis_Churaev [7]

Answer: A way to earn money.

Explanation: There are many other ways to earn, like selling drugs, or robbing a elderly woman who tries to hit you with her cheap shoulder bag. There are many ways.

6 0
3 years ago
A company enters into a short futures contract to sell 5000 bushels of wheat for 571'4 cents per bushel. The initial margin is $
zalisa [80]

Answer:

563.4 cents

Explanation:

A margin call occurs when the margin of an investment falls bellow the maintenance margin.

In this problem, the production costs for 5,000 bushels are given by:

Margin = Price*units -Cost\\\$1,500=\$5.714*5000 - Cost\\Cost = \$27,070

The price per bushel that yields a margin of $1,100 is:

\$1,100=Price*5,000- \$27,070\\Price =\$5.634=563.4\ cents

You will receive a margin call at a price of 563.4 cents per bushel.

4 0
3 years ago
A strictly dominant action produces: a higher payoff than any other action the player can use for every possible action of the o
Novosadov [1.4K]

Answer:

A strictly dominant action produces: a higher payoff than any other action the player can use for every possible action of the other players.

Explanation:

A strictly dominant action does not play fair. Here, there is no equality because strict dominance requires all payoffs to be strictly greater.

A strictly dominant strategy is that strategy that always provides greater utility to a the player, no matter what the other player's strategy is.

A rational player will avoid a strictly dominated counterpart because if his opponent uses strictly dominated action he will be come out worse off regardless of which moves other players make.

4 0
3 years ago
a written document prepared by an entrepreneur that describes all the relevant external and internal elements involved in starti
loris [4]

A written document prepared by an entrepreneur that describes all the relevant external and internal elements involved in starting a new venture is known as a(n) business plan.

in the field of business, an idea or strategy that you formulate in order to set up a business is referred to as a business plan.

Based on these ideas, a written document is made in which all the ideas and strategies for the business are expressed.

A business plan describes all the factors and elements that will be required in the new business.

A business plan makes it easier to execute the plans made for a business or a new venture.

To learn more about business plan, click here:

brainly.com/question/25311149

#SPJ4

5 0
9 months ago
Which security procedure is being demonstrated if an administrator is using Wireshark to watch for specific inbound and outbound
REY [17]

Answer:

The correct answer is firewall monitoring.

Explanation:

Only implementing the necessary security tools (Firewall and other security devices) in itself will not secure your network, since the security data of the tools should be analyzed and the security information extracted should be informed or alerted to ensure that the network is secure. Therefore, the analysis of Firewall logs and other logs of security devices is vital to network security.

Firewall logs provide a lot of information about security threats attempts at the periphery of the network and about the nature of incoming and outgoing traffic from the firewall. The analyzed firewall log information provides administrators with real-time data about security threats attempts so that they can quickly initiate a remediation action. It allows you to plan your bandwidth requirement based on its use in all firewalls. The analysis of firewall security logs plays an important role in the assessment of business risks. The analysis of firewall traffic logs is vital to understand the use of bandwidth and network. OpManager, in addition to monitoring the network, also analyzes firewall logs and offers many features that help in the collection, analysis and generation of reports about firewall logs.

5 0
3 years ago
Other questions:
  • During January, Luxury Cruise Lines incurs employee salaries of $1.1 million. Withholdings in January are $84,150 for the employ
    12·1 answer
  • Which of the following actions can be an example of a signal designed to reduce the impact of asymmetric information? A. A money
    10·1 answer
  • The M2 definition of the money supply includes
    9·1 answer
  • The allowance for doubtful accounts, which appears as a deduction from accounts receivable on a balance sheet and which is based
    13·1 answer
  • Vital Industries manufactured​ 2,400 units of its product Huge in the month of April. It incurred a total cost of​ $132,000 duri
    8·1 answer
  • When all of a firm's inputs are doubled, input prices do not change, and this results in the firm's level of production more tha
    10·1 answer
  • Suppose you receive ​$130 at the end of each year for the next three years. a. If the interest rate is 10 %​, what is the presen
    11·1 answer
  • Peter hires Brunhilda to represent him and assist with the sale of his home. They sign a listing contract to memorialize their r
    15·1 answer
  • Terps Company reported total assets of $2,400,000 and net income of $320,000 for the current year. The company determined that i
    11·1 answer
  • What is one way the government tries to attain positive externalities?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!