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STATISTICS FOR BUSINESS 200032.

This is a computer assignment for the subject Statistics for Business. The assignment requires the use of Excel to carry out calculations and statistical analyses. The assignment must be submitted as a typed and word-processed report.

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Added on  2023-03-20

STATISTICS FOR BUSINESS 200032.

This is a computer assignment for the subject Statistics for Business. The assignment requires the use of Excel to carry out calculations and statistical analyses. The assignment must be submitted as a typed and word-processed report.

   Added on 2023-03-20

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STATISTICS FOR BUSINESS
200032 DATA SET: 119
[DATE]
STATISTICS FOR BUSINESS 200032._1
DATA SET: 119
Question 1
Computation of 95% confidence interval for employee’s overtime
Population standard deviation is unknown and therefore, t value stat would be used (Harmon,
2015).
It can be concluded with 95% confidence that average weekly overtime for work will lie
within the range of 4.280 and 6.387.
Question 2
Hypothesis testing to check the whether the mean age of employee is more than 30 or not.
1
STATISTICS FOR BUSINESS 200032._2
Significance level (Given) = 0.01
The one tailed p value comes out to be 0.106 which is greater than significance level which
means null hypothesis will not be rejected and alternative hypothesis will not be accepted.
Therefore, it can be said that the mean age of employee is more than 30.
Question 3
Hypothesis testing to check whether the mean salary of male is higher than of female
employees.
There are two independent samples and also the standard deviation is not given which means
the appropriate hypothesis test will be two independent sample t test.
Null hypothesis H0 : μmale μfemale
Alternative hypothesis Ha : μmale > μfemale
2
STATISTICS FOR BUSINESS 200032._3

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