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Question about Hypothesis Testing:Intrinsic by Gender&Extrinsic by Position

TEST #1 Intrinsic by gender

Perform the following two-tailed hypothesis test, using a .05 significance level:
State the null and an alternate statement for the test
Use Microsoft Excel (Data Analysis Tools) to process your data and run the appropriate test. Copy and paste the results of the output to your report in Microsoft Word.
Identify the significance level, the test statistic, and the critical value.
State whether you are rejecting or failing to reject the null hypothesis statement.
Explain how the results could be used by the manager of the company.

Test 2 - extrinsic by position

State the null and an alternate statement for the test
Use Microsoft Excel (Data Analysis Tools) to process your data and run the appropriate test.
Copy and paste the results of the output to your report in Microsoft Word.
Identify the significance level, the test statistic, and the critical value.
State whether you are rejecting or failing to reject the null hypothesis statement.
Explain how the results could be used by the manager of the company

Solution Summary

The solution provides step by step method for the calculation of test statistic for the comparison of population mean. Formula for the calculation and Interpretations of the results are also included. Interactive excel sheet is included.

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    • Hypothesis Testing-Intrinsic & Extrinsic Values.doc
    • HT & ANOVA.xlsx
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Basil Sunny, MSc

Rating 4.9/5

Active since 2008

BSc, Mahatma Gandhi University Kottayam, India
MSc, Mahatma Gandhi University Kottayam, India
PhD (IP), Mahatma Gandhi University Kottayam, India

Responses 2624


Comments on Basil's work:

"Thank you for the help. Can you show me how you got Critical values = ±2.575829304? I'm having a hard time finding how to get this. Thanks!"

"Thanks great help"

"Hi thanks for the excel format explanation, it makes it easy for me to understand."

"how exactly do you get = 0.1655 + 0.1146 + … + 0.0001 = P (X ≥ 12) = P (X = 12) + P (X = 13) + … + P (X = 18) = 0.1655 + 0.1146 + … + 0.0001 = 0.3743"

"Thanks for the great explanation and the excel fine."