Discussion:
Hypothesis testing has been described by some as the use of statistics to determine the probability that a given hypothesis is true. Is this the case. Are real world managerial hypotheses testable? Do you think you could translate real world managerial problems into a testable framework allowing for the application of the methods we have been learning. Are there time constraints applicable to managerial decision-making? If so, how; if not, why not? Are there certain classes of problem more suitable than others? Construct an argument for your assertion and provide a real world example supporting your argument.