1- Suppose you are the manager of a shoe store. Your software team has been work

Question

1- Suppose you are the manager of a shoe store. Your software team has been working on a new software package to replace the old accounting package. When the old package was used it took an average of 1.5 hours to complete the daily transactions. You would like to test to see if the new software will change the average time to complete the daily transactions. If you conduct a statistical hypothesis test what would your Alternative Hypothesis be

a- ? ?1.5

b- ? = 1.5

c- ? ? 1.5

d- ? > 1.5

e- none of these

2- Suppose you are testing the alternative hypothesis, Ha: ?x ? 0 and your Decision is “Do Not Reject Ho”. Your conclusion would be:

a- there is sufficient evidence to Conclude the Null Hypothesis HO is true

b- there is not sufficient evidence to conclude HA is true

c- there is sufficient evidence to conclude HA is true

d- there is not sufficient evidence to conclude HO is true so there is no Conclusion we can make

e-none of these are true

a- there is sufficient evidence to Conclude the Null Hypothesis HO is true

b- there is not sufficient evidence to conclude HA is true

c- there is sufficient evidence to conclude HA is true

d- there is not sufficient evidence to conclude HO is true so there is no Conclusion we can make

e-none of these are true

Explanation / Answer

1) Option - C

2) Option - b is correct.

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