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Author Question: Explain the difference between data and information. What will be an ideal ... (Read 121 times)

mia

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on: Jun 24, 2018
Explain the difference between data and information.
 
  What will be an ideal response?

Question 2

What kind of alternative hypothesis type would fit such a survey?
 
  What will be an ideal response?
Statistics, Data Analysis, and Decision Modeling ¦ Evans ¦ 5th Edition
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31809pancho

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Reply #1 on: Jun 24, 2018
Answer to Question 1

Data are raw numerical facts and figures, and information comes from analyzing and organizing data to support evaluation and decision making.

Answer to Question 2

The exercise indicates that the purpose of the revised inspection system is to increase customer satisfaction. We want to use the sample to see if that purpose has been achieved. Therefore, we would use a one-sided alternative hypothesis; namely, H1 : P > 0.41


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