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This paper aims to test the module ILOs using a practical real-life case-study. In this case study, you are going to play the role of

This paper aims to test the module ILOs using a practical real-life case-study. In this case study, you are going to play the role of an analyst for one of the corporates, let us call it Company-Z. Therefore, let us first introduce the case-study random variables: is the Company-Z monthly revenue along the period Pre-COVID-19(January 2018 to December 2019); is the same Company-Z monthly revenue but during the period Post-COVID-19(March 2020 to September 2020); is the monthly operations cost during the period Pre-COVID-19(January 2018 to December 2019); while is the same monthly operations cost but during the period Post-COVID-19(March 2020 to September 2020). Accordingly, in your analysis, you will depend on two main random variables over two time series. The first random variable is the Company-Z monthly revenue , and the second random variable is the Company-Z monthly operations cost . The two random variables were chosen over two periods of time: the first is (Pre-COVID-19: January 2018 to December 2019), and the second is (Post-COVID-19: March 2020 to September 2020). Your task is to prepare a comprehensive report to the company, fulfilling specific requirements outlined below in point (3). using this data

Date Jan/2018 Feb/2018 Mar/2018 Apr/2018 May/2018 Jun/2018 Jul/2018 Aug/2018 Sep/2018 Oct/2018 Nov/2018 Dec/2018 Jan/2019 Feb/2019 Mar/2019 Apr/2019 May/2019 Jun/2019 Jul/2019 Aug/2019 Sep/2019 Oct/2019 Nov/2019 Dec/2019
Pre-COVID-19 Y1 (L.E.) 4513.8 4515.1 4514.6 4515.7 4517.4 4513.8 4516.0 4514.7 4516.1 4516.6 4514.2 4515.2 4514.2 4516.8 4514.7 4516.2 4518.1 4517.1 4515.5 4515.3 4517.0 4516.1 4516.3 4515.5
X1 (L.E.) 9.8 8.7 7.9 8.3 5.6 11.2 8.8 10.4 7.6 7.7 10.9 10.5 12.1 7.2 11.1 7.4 5.6 5.5 9.2 8.9 5.2 8.2 7.7 9.1
Date Mar/2020 Apr/2020 May/2020 Jun/2020 Jul/2020 Aug/2020 Sep/2020
Post-COVID-19 Y2 (L.E.) 2037.5 2036.0 2049.4 2034.7 2033.9 2037.1 2037.4
X2 (L.E.) 7.6 13.4 6.3 10.4 12.8 9.5 6.1

What is the appropriate technique to test the following two hypotheses arguing: that the population mean of the monthly operations cost is 0.9 times the value of the average monthly operations cost during the period Pre-COVID-19 , and the population mean of the monthly operations cost is 1.3 times the value of the average monthly operations cost during the period Post-COVID-19 . Write thefull analytical stepsto find the appropriate decision for both hypotheses, as well as comment on the results? use the confidence level 99 percent

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