Formulate and test a hypothesis


(1) Call center typically have high turnover. The director of human resources for a large bank has compiled data on about 70 former employees at one of the bank’s call centers in the Excel file Call Center Data. In writing an article about call center working conditions, a reporter has claimed that the average tenure is no more than two years. Formulate and test a hypothesis using these data to determine if this claim can be disputed.

(2) Using the date in the excel file Home Market Value, develop a multiple linear regression model for estimating the market value as a function of both the age and size of the house. Find a 95% confidence interval for the mean market value for houses that are 30 years old.

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Finance Basics: Formulate and test a hypothesis
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