We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The Null and Alternative Hypothesis for The Piggy Bank Options - Essay Example

Comments (0) Cite this document
Summary
The hypothesis test is very useful tools that can help break down a problem by creating a claim in the form of the null hypothesis and testing whether that claim is true or not. This essay presents the null and alternative hypothesis for the Piggy Bank options…
Download full paperFile format: .doc, available for editing
Polish This Essay92.8% of users find it useful
The Null and Alternative Hypothesis for The Piggy Bank Options
Read TextPreview

Extract of sample
"The Null and Alternative Hypothesis for The Piggy Bank Options"

Download file to see previous pages Online purchasing is a rising trend in the purchasing behavior of the world population since more people are becoming online users. As of 2006, there were over 1.1 billion online users worldwide. In the United States in the fiscal year 2006, the total e-commerce sales were $106 billion, while the US total retail sales were $3,905 (Plunckett Research, 2007). Online sales to retail sale ratio are 0.027 or 2.7%. This data still does not clear up the purchasing tendencies since the second product offering is sales of clothing. In the same year, 2006, in the United States the overall clothing sales were $214.3 (Plunckett Research, 2007). So far the data provided gives us a better view of how to set up a null hypothesis and alternative hypothesis to create a hypothesis test for the Piggy Bankcard incentive problem. A statistician sets up a null hypothesis in order to test a claim. In reality, the statistician knows there is a more viable solution than the null hypothesis, thus the goal of the test is to reject the null hypothesis in order to go with the alternative hypothesis solution. The market research data could make a person think that considering that total clothes expenditure in the US is double than the US online sales then the most likely scenario is that it is better to go with the clothing store incentive. This is all the data needed to create a null and alternative hypothesis. The null and alternative hypothesis for the Piggy Bank options is illustrated below: Null Hypothesis (Ho) – (U1-U2) = 0. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Null and Alternative Hypothesis for The Piggy Bank Options Essay”, n.d.)
The Null and Alternative Hypothesis for The Piggy Bank Options Essay. Retrieved from https://studentshare.org/statistics/1542919-mgm330-0704a-04-business-decision-making-task-name-phase-3-project
(The Null and Alternative Hypothesis for The Piggy Bank Options Essay)
The Null and Alternative Hypothesis for The Piggy Bank Options Essay. https://studentshare.org/statistics/1542919-mgm330-0704a-04-business-decision-making-task-name-phase-3-project.
“The Null and Alternative Hypothesis for The Piggy Bank Options Essay”, n.d. https://studentshare.org/statistics/1542919-mgm330-0704a-04-business-decision-making-task-name-phase-3-project.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Alternative hypothesis or testable hypothesis
In a mathematical interpretation of this hypothesis, the researcher uses an equal sign to indicate no relationship. This hypothesis is signified by H0. It is the hypothesis that the researcher aims at changing by testing the alternative hypothesis
3 Pages(750 words)Essay
Hypothesis
2) As clearly and concisely as possible, articulate a goal for a solution to this problem. Hint: Seventy-five percent of the students enrolled at Riverdale High School (RHS) will exhibit mastery on the... Students
2 Pages(500 words)Coursework
Hypothesis
As we all know, Americas is always safeguarding its personal interest even when engaging in humanitarian course of action. Thinking on this line, America may fail to
1 Pages(250 words)Assignment
Alternative Education Options
For entry, the academic year commences in late August for the first term. During this time, students are taken through a thorough interview basing on their previous academic records. For this, a lot of parents
2 Pages(500 words)Assignment
Alternative Education Options 2
However a number are from other countries. The school has religious affiliations in catholic domination. Its school slogan is “whatever hurts my brother hurts me”. The school incorporates a
3 Pages(750 words)Essay
River Engineering: appraising the options for river bank protection **
The essence of erosion of river banks through the natural flow of water is a sensitive issue with regard to environmental protection that has compelled many stakeholders to device ways of protecting such resources. This discussion will focus on
7 Pages(1750 words)Essay
Hypothesis
The intersection theory explains that minority women face multiple disadvantages. However, looking at average income earned by minority groups in the United States such as Arab Americans and Indian
2 Pages(500 words)Essay
Hypothesis
Calories provide the energy to perform daily tasks. However, consuming more than daily requirement of calories may end up making a person prone to more diseases, rather than providing
1 Pages(250 words)Essay
Null Hypothesis Analysis

The essay develops a critical analysis through which to evaluate the individual theory against the organizational null hypothesis. The organization applies the null hypothesis that there exists no productivity impact. The hypothesis is established on the assumption that an organization’s policy influences its productivity.

6 Pages(1500 words)Essay
How effetive were the articles of confederation in establishing cohesion between the thirteen states
In June 1776 the Congress did start working on the inevitable plan for some sort of a central authority. Thereby, the very first attempt at configuring a constitution for the United
3 Pages(750 words)Assignment
Let us find you another Essay on topic The Null and Alternative Hypothesis for The Piggy Bank Options for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us