BUS 352 Topic 6 Benchmark Hypothesis Testing GCU

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BUS 352 Topic 6 Benchmark Hypothesis Testing GCU

The purpose of this assignment is to interpret the results of hypothesis testing and identify potential ethical dilemmas associated with the statistics and their analysis.

Part 1:

Using the preliminary data collected in the Topic 2 assignment, complete two hypothesis tests relevant to the specific requirements of your scenario. To ensure tests are not duplicated, collaborate with the other members of your group to identify specifically which data each person in the group will be utilizing in the hypothesis tests. For example, if you are comparing sports teams, one member of the group might compare the Tigers and the Rams, while another member of the group might compare the Sharks and the Eagles.

Using Excel, complete the two hypothesis tests using different data sets at a .05 level of significance. Generate a box plot for each test. The accuracy of formulas and the box plot visuals will be assessed.

Part 2

Statistical analysis can create a number of ethical challenges. Review the “Ethical Guidelines for Statistical Practice,” “Statement on the Integration of Faith and Work,” and the servant leadership and conscious capitalism study materials. Consider the principle of “do no harm” and how, through application of a Christian worldview perspective, ethical challenges related to sampling methods, treatment of outliers, selection of levels, or significance can be anticipated and addressed to ensure that statistical analysis is completed effectively, efficiently, and ethically.

Provide a 750-1,000 summary of the hypothesis tests and ethical issues related to statistical analysis. The summary should address the following:

  1. Summary of the business scenario.
  2. Definition of the variables and sources.
  3. Rationale for the type of hypothesis tests used.
  4. Null and alternative hypothesis.
  5. Two hypothesis tests with results that include test statistic, critical value(s), and p-value.
  6. Box plot visuals for each hypothesis test.
  7. Interpretation of the statistical results of the hypothesis tests.
  8. Discussion of potential ethical dilemmas associated with each hypothesis test, including explanation of how the principle of “do no harm” and a Christian worldview perspective could be applied to ensure the statistical analysis was completed ethically. Include discussion of how sampling methods, treatment of outliers, selection of levels, or significance, etc. should be addressed for ethical compliance.
  9. Summary of the hypothesis testing results and how these can be applied to the specified business scenario.

Submit the Excel spreadsheet and Word summary document.

While APA style is not required for the body of this assignment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance.

Benchmark Information

This benchmark assignment assesses the following programmatic competencies:

BS Business Administration

2.3: Use quantitative techniques and tools to analyze data relevant to business decision making. [MC3]

BS Business for Secondary Education

7.3: Use appropriate computer applications to perform mathematical calculations relevant to solving business problems.


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BUS 352 Topic 6 Benchmark Hypothesis Testing GCU

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BUS 352 Topic 6 Benchmark Hypothesis Testing GCU

ACCT 553 DeVryBIAM 500 DeVryCIS 500 STRCIS 558 STRENG 105 GCUFIN 390 DeVryFIN 504 GCUHCA 545 GCUHCA 699 GCUHLT 306 GCUHLT 362 GCUHLT 555 GCUHLT 610 GCUHLT 665 GCUHOSP 594 DeVryHRM 600 DeVryMAT 144 GCUMGMT 600MGT 599 STRMGT 655 GCUMKT 373 GCUPSY 362 GCUPSY 565 GCUPSY 575 GCUPSY 665 GCUSOC 102 GCUSOC 320 GCUSOC 372 GCUSOC 412 GCUNSG 6440 SUHIM 515 GCUNSG 4029 SUHIM 615 GCUNSG 3029 SUNSG 4055 SUNSG 6630 SUNSG 6005 SUCRMJ 310PSY 510 GCUCRMJ 300 DevryCRMJ 425SPD 200 GCU, HLT 490 GCU ,ECH 340 GCU , ECH 440 GCU , ECH 355 GCU ,ECH 350 GCU ,LDR 461 GCU ,ECH 425 GCU ,REL 212 STR ,SCI 115 STR ,CIS 505 STR ,JUS 652 GCUMGT 640 GCUCIS 527 STRSOC 436 GCU,ACC 502 GCUFIN 504 GCU , MATH 260 DeVry ,ETHC 445 DeVry ,ECET 220 DeVry , CARD 405 DeVryNETW 203 DeVryNETW 205 DeVryECET 365 DeVry ,MATH 270 DeVry ,PHYS 310 DeVry, BIB 106 GCU ,CIS 512 STR ,SYM 506 GCU ,ECN 601 GCU  ,BIAM 570 DeVryPSY 402 GCU , SOC 480 GCU , BIAM 530 DeVry,  DNP 810 GCU , DNP 820 GCU , DNP 825 GCU , ECN 450 GCU , DNP 830 GCU , LDR 804 GCU , MAT 105 GCU , ECS 501 GCUECS 555 GCU , TSL 552 GCU , ECS 560 GCU , NRS 493 GCU , ECS 570 GCU , BUS 352 GCU



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