All Calculations Should Be Done In Word Using Equation Edito
All Calculations Should Be Done In Word Using Equation Editor And All
All calculations should be done in Word using Equation Editor and all charts and graphs should be done in Excel. 1) A manufacturer has received complaints that aging production equipment is forcing workers to work overtime in order to meet production quotas. Historically, the average hours worked per week is 40 with a standard deviation of 7.5 hours. If a sample of 25 workers found that the average work week is 48 hours, conduct a hypothesis test to determine if there is significant evidence that the length of the average work week has increased. Use alpha = 0.05. State the hypothesis scenario, calculate the test statistic or p-value, and state the conclusion. 2) A coin that is balanced should come up heads half the time in the long run. A coin is tossed 40 times and gives 20 heads. Is the coin biased? Use alpha = 0.05. State the hypothesis scenario, calculate the test statistic or p-value, and state the conclusion. 3) What type of error did you commit in question 2? Explain. 4) An agricultural experiment station was interested in comparing the yields for two new varieties of corn. Because of variability in yield from one farm to another, each was randomly assigned to a different 1-sq. plot on each of the seven farms. The difference between Variety A and Variety B is listed below. Farm difference: 6, -7, 6, -6, ... Does Variety A produce a higher yield than Variety B? Use alpha = 0.10. State the hypothesis scenario, calculate the test statistic or p-value, and state the conclusion. 5) According to a recent study, men spend a mean of $2,401 and women spend a mean of $1,527 shopping online for luxury goods. The sample includes 600 men and 700 women, with standard deviations of $1,200 for men and $1,000 for women. Is the amount spent higher for men than women? Use alpha = 0.05. State the hypothesis scenario, calculate the test statistic or p-value, and state the conclusion. 6) Do different age groups differ in their response to e-mail messages? A survey reports that 70.7% of users over 70 years old believe e-mail messages should be answered promptly, compared to 53.6% of users aged 12–50. With samples of 1,000 each, is there a significant difference? Use alpha = 0.01. State the hypothesis scenario, calculate the test statistic or p-value, and state the conclusion.
Complete the Health Care Financial Accounting simulation. Write a 1,050 to 1,400-word paper analyzing the decisions made in the simulation, covering each phase: capital shortage, equipment acquisition funding, and capital expansion funding. Include analysis of the chosen options, outcomes, lessons learned, and how to apply these insights professionally. Support your ideas with scholarly references, formatted according to APA guidelines.