One sample t test
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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: μ < 100,000.00
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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.
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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 ...
Purchase this Solution
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