Question
Develop a null and an alternative hypothesis for a decision that is relevant to your life. This decision can be personal or professional. Share your
Develop a null and an alternative hypothesis for a decision that is relevant to your life. This decision can be personal or professional. Share your null and alternative hypotheses with your peers in this week's discussion. Be sure to include the following in your post.Define/discuss:
- All variables (include numerical values for your variables);
The appropriate test statistic, and if it is a one- or two-tailed test;
Your selection process;
The Type I and Type II errors that could occur with your decisionmaking process; and
Your proposed next steps based on your results.
Be sure to include your references to support your findings.
I just want to see if I'm on the right path with this...
I would like to develop this using my work experience at month end. I am an accountant and I have a list of month end tasks for Day 1, Day 2, Day 3, and Day 4. There are some tasks (Journal entries) that are bit and tedious and can be started to save time before month end starts which would enable me to get all my month end tasks done on time or if I wait it will take more time to complete month end.
What would by the selection process and the type I and type II errors?
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