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Author Question: What should the null and alternative hypotheses be for 3? A) H0 : 3 = 0, H1 : 3 > 0 B) H0 : 3 ... (Read 171 times)

Mollykgkg

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What should the null and alternative hypotheses be for 3?
 
  A) H0 : 3 = 0, H1 : 3 > 0
  B) H0 : 3 = 0, H1 : 3 < 0
  C) H0 : 3  0, H1 : 3 = 0
  D) H0 : 3 < 0, H1 : 3 > 0

Question 2

As a businessperson, in what ways may you find yourself involved with statistics?
 
  What will be an ideal response?



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Ksanderson1296

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Answer to Question 1

B

Answer to Question 2

As a businessperson one may be involved with statistics on a daily basis to gain information and knowledge useful in making good business decisions.
Interpretation of statistical data will aid in predicting, forecasting, and estimating matters of sales, financing, expansion, market conditions, etc.





 

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