Explore BrainMass

Explore BrainMass

    One sample t test

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Let's say I have 2 hypothesis.

    Alternate hypothesis: I will save more than 100,000 by utilizing other cost cutting measures other than layoffs.

    Null Hypothesis: The company will save 100,00 by the layoff of employess across the company and it's a far less risking process.

    Question:

    Can I denote my hypothesis numerically by saying:??? see below and tell me if correct . If not correct please show the correct way to denote these hypothesis in a numerical way.

    Ha: μ > 100,000.00
    Ho: &#956; < 100,000.00

    © BrainMass Inc. brainmass.com June 3, 2020, 10:18 pm ad1c9bdddf
    https://brainmass.com/statistics/students-t-test/one-sample-test-hypothesis-test-224841

    Solution Preview

    Hypothesis test
    Let's say I have 2 hypothesis.

    Alternate hypothesis: I will save more than 100,000 by utilizing other cost cutting measures other than layoffs.

    Null ...

    Solution Summary

    The solution provides step by step method for the calculation of t statistic. Formula for the calculation and Interpretations of the results are also included.

    $2.19

    ADVERTISEMENT