Assignment Module: Confidence Intervals and Hypothesis Testing
Assume once again that you are a consultant who works for the Diligent Consulting Group. You are continuing to work on the analysis of the customer database from Module 1.
Assignment Expectations: Complete the following tasks:
1. Generate a 95% confidence interval for the following two variables by hand: "Annual Amount Spent on Organic Food" and "Age."
2. Generate a 95% confidence interval for the following two variables using the Excel formula =CON FIDENCE.T(): Annual Income and Number of People in the Household.
3. Interpret the confidence intervals for each of the variables.
4. The client insists the average income of his organic food customers is $150,000. Conduct a hypothesis test at the 0.10 level to test his statement. What is your decision?
Get the finest online assistance from the highly qualified and experienced tutors of Confidence Intervals and Hypothesis Testing Assignment Help service and secure higher academic grades that you have always dreamed of.
Tags: Confidence Intervals and Hypothesis Testing Assignment Help, Confidence Intervals and Hypothesis Testing Homework Help, Confidence Intervals and Hypothesis Testing Coursework, Confidence Intervals and Hypothesis Testing Solved Assignments, Business Analytics and Decision Making Assignment Help, Business Analytics and Decision Making Homework Help
Attachment:- Confidence Intervals and Hypothesis Testing-Data file.rar