Purchase Solution

Business Problem Null Hypothesis

Not what you're looking for?

Ask Custom Question

I need help writing a Business Problem Proposal using a null hypothesis. Here are sample business problems:

* Talk about the effect of no smoking laws on the tobacco industry. Will the trend in no smoking laws affect cigarette sales? You can develop a null from that.

* Dunkin' Donuts is trying to infiltrate Starbucks' market by expanding their coffee offerings. Will they be successful? You can develop a null from that.

* Lowe's and Home Depot are competing for the same customers. What different approaches are they taking to gain an edge. There is a business problem here, from which you can develop a null hypothesis.

I think the key to this assignment is making sure that you have a clearly stated, unambiguous null hypothesis.

How do I translate a business problem into a null hypothesis?

Purchase this Solution
Solution Preview

Null hypotheses often include things like "the average is equal to 0" or "the two companies had an equal profit" or "the proportion is equal to 0.5". For a business problem, think of something like "the sales at time X are equal to the sales at time Y" or "company A has an equal number of employees as Company B."

To start, you should think about how the business problem would be defined or tested numerically. Here are null hypotheses based on the examples you are ...

Purchase this Solution
Free BrainMass Quizzes
Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

View More Free Quizzes
Related BrainMass Solutions

  • ull and alternative hypotheses

    The null and alternative hypothesis can be developed in case of a business problem. To find out the truth related to a specific business problem, a null and alternative hypothesis can be formed.

  • Hypothesis Testing for Null Hypothesis

    128435 Hypothesis Testing Formulate a null hypothesis and the corresponding alternative hypothesis about a business problem in an organization.

  • business example for null and alternative hypothesis

    Help him by thinking about a business problem in another organization or department. Formulate a null hypothesis and the corresponding alternative hypothesis that could be tested. Hi there, Please see attachment for solution.

  • Importance of null hypothesis, Business value

    319879 Business Research and Ststistics: Importance of null hypothesis, business value What is the importance of the null hypothesis? Why has it been the backbone of mainstream hypothesis testing for decades? What are its limitations?

  • HYPOTHESIS TESTING: Null Hypothesis Relative to Problem and Decision.

    536491 HYPOTHESIS TESTING: Null Hypothesis Relative to Problem and Decision. In your environment (business or personal), please describe a hypothesis test related to a decision. What would be your data? What would be your null hypothesis?

  • Test the claim that each bag of the farmers potatoes are 60 pounds?

    The critical value and null hypothesis is given.

  • Null and Alternative Hypothesis at WidgeCorp

    You're trying to explain null and alternative hypotheses to one of the senior managers at Company W and he's not "getting it" when you use snack food sales. Help him by thinking about a business problem in another organization or department.

  • Population of Interest

    (The alternative hypothesis is what you are investigating/what you think might be true; the null hypothesis is the opposite statement. I determined the null and alternative hypotheses based on what you said the business problem was.

  • My problem Business Research Methods problem

    12547 My problem Business Research Methods problem If the Z-statistic produces a value of Z of 2.45 when the critical value for Z at the .05 level is 1.96, the decision should be what?

View More Related Solutions