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Hypothesis Testing: Intrinsic & Extrinsic Job satisfaction

See attached data file.

Using AIU's survey responses from the AIU data set, complete the following requirements in the form of a report:

Perform a two-tailed hypothesis test on both the intrinsic and the extrinsic variable's data, using a .05 significance level. Begin by creating a null and an alternate statement. Use Microsoft Excel to process your data. 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.

In a separate paragraph, provide some information on when to use a t-test and when to use a z-test and why. Also, provide some information about why samples are used instead of populations.

The report should be well written and should flow well with no grammatical errors. It should include proper citation in APA formatting in both the in-text and reference pages and include a title page, be double-spaced and in Times New Roman, 12-point font. APA formatting is necessary to ensure academic honesty.

When meeting with the development/construction manager of the mall there several things that one should try and consider BEFORE planning a merchandise lay out.

The tenant should try and get what is known as a "kick out clause" if sales do not hit a certain threshold so that there is an exit strategy in place if needed.

The tenant should try and get what is known as a turn key delivery of the premises so that the tenant has a little out of pocket expenses for the furniture, fixtures and equipment known as FF&E. If the tenant is unable to get a turn key lease then they should try and negotiate as much tenant allowance as possible to offset the initial capital lay out. Finally the tenant should attempt to negotiate a period of free rent to allow the business to get up and running.

The tenant should try and get rent structured as a % of sales that way they will only pay a portion of what their sales are each month. This is tough on many landlords since many banks do not want provide financing for this type of tenant since there is no guaranteed minimum rent each month.

The tenant should try and have as broad of use clause as possible in the event they need to assign or sublease the premises.

The tenant needs to try and maximize their primary signage and should ask to get the maximum allowed by code not just the maximum allowed by the developer. Further the tenant should ask for signage on any directional signage through out the mall.

The tenant should try and have as small of a storage space as possible and the maximum floor area. No one purchases retail items out of storage areas. Most studies have shown than people turn to the right as they walk into a retail store so it would make sense to have the cash wrap/register area on the left and have as much product as possible on the right. Smaller items up front and larger items in the back. Hopefully the premises has a significant amount of store front area and the tenant should utilize it for maniquins or other seasonal displays.

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Solution Summary

The solution provides step by step method for the calculation of test statistic for the comparison of population mean. The solution also provides information on when to use a t-test and when to use a z-test and why samples are used instead of populations. Formula for the calculation and Interpretations of the results are also included. Interactive excel sheet is included. The user can edit the inputs and obtain the complete results for a new set of data.

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