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    Statistics -Show and explain five step hypothesis (Strategy)

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    1. A National retail chain has 7 different strategies (S1 to S7) to increase its sell. None of these strategies work all the time. In the past they have used these strategies equal number of times and the following table shows the number time each strategy worked successfully. At the significance level .05, examine if all of the strategies are equally effective. Show and explain all five steps of the hypotheis test (show calculations).

    Strategy fo
    S1 14
    S2 13
    S3 21
    S4 22
    S5 17
    S6 14
    S7 18

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    Solution Summary

    The expert shows and explains the five step hypothesis strategy. A complete, neat and step-by-step solution is provided in the attached Excel file.