In business, managers are consistently faced with making important business decisions that involve one event occurring over another. Hypothesizing in business assists leadership in deciding which avenue to take for the overall health of the organization.
Respond to the following:
- What is difference between a null hypothesis and an alternate hypothesis?
- How can the null hypothesis and alternate hypothesis be used in making critical business decisions? Give examples.
Post your primary response. Read any postings already provided by your instructor or fellow students. See the SBT Discussion Rubric for how you will be evaluated for this activity. Remember to read the feedback to your own major postings and reply to it throughout the module.
See the Course Calendar for due dates for posts and responses.
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