QNT561 Phoenix SpeedX Payment Times Statistical Analysis Assignment

Resources: Microsoft Excel^®, Case Study Scenarios, SpeedX Payment Times

Develop a 700- to 1,050-word statistical analysis based on the Case Study Scenarios and SpeedX Payment Times.

Include answers to the following:

Case 1: Election Results

• Use 0.10 as the significance level (?).
• Conduct a one-sample hypothesis test to determine if the networksshould announce at 8:01 P.M. the Republican candidate George W. Bushwill win the state.

Case 2: SpeedX

• Use 0.10 and the significance level (?).
• Conduct a one-sample hypothesis test and determine if you can convince the CFO to conclude the plan will be profitable.