Find a random number generator and create simulated data

Assignment Help Operation Management
Reference no: EM13734175

Prepare to test the hypothesis (Step 8 of the Sekaran & Bougie process) using simulated data:

Search and identify the surveys, assessment tools or instruments you would consider to gather data on the variables identified. Explain how these surveys help you understand what your collected data should look like (range of expected values).

Find a random number generator and create simulated data for not more than 25 participants (test subjects) in the study using the ranges of values for the variables you established above.

Using the hypothesis testing methods presented in Sekaran and Bougie (2010), suggest a method that you believe would be most appropriate to test this hypothesis. Limit your choices of hypothesis testing to only one of three possibilities: graphical method, correlation or t-test. You may use the statistical functions in MS Excel for any of these three methods. Finally, explain the rationale for your selection. Why was this method selected when compared with the strengths and weaknesses of the other two methods?

Now that you have created notional (simulated) data to illustrate the hypothesis testing method, apply these data to the hypothesis testing method you selected. Based on the simulated data and your hypothesis testing method, indicate if the null hypothesis is accepted or rejected and why.

Based on your findings, comment on the potential implications of these findings as a potential contribution to the scholarly literature.

Reference no: EM13734175

Questions Cloud

What types of behaviors generate trust : What types of behaviors generate trust. What types of behaviors destroy trust. What types of communication behaviors contribute to trust between organizational members
Determine the key institutional constraints : Determine the key institutional constraints that must be considered. Next, analyze whether or not the institutional constraints you determined support the market entry into the new country that you selected.
Discuss problems and promises of us in tweenty first century : Discuss the problems and promises of the United States in the 21st century. One and half pages, double space, What will you discuss? What are some possible topical paragraphs?
Market segmentation and product development processes : Primary Task Response: She knows that marketing research needs to be done as part of this market segmentation and product development processes, but she is not well-acquainted with some of the details that are involved in the processes
Find a random number generator and create simulated data : Find a random number generator and create simulated data for not more than 25 participants (test subjects) in the study using the ranges of values for the variables you established above.
Dimensions of international finance : Analyze how each of the three major dimensions of international finance can affect your possible venture of your MNC in your chosen new international market, including potential opportunities and risks for each dimension.
Prepare social media and networking presentation : Social Media and Networking Presentation, Scenario: Imagine that you have been hired as a consultant for a university that wants to leverage social media and networking technologies to encourage the collaboration of students, and improve their ove..
What decision traps steve jobs fell into or avoided : The late Steve Jobs of Apple Computer, Inc. was named CEO of the Decade in 2009. Using the categories (a) high-end consumer, (b) retail environment, (c) innovative gadgets and product/service offerings, and (d) customer service, compose a paper wh..
Create an outline of stages in the entrepreneurial process : Determine the business structure that would be the best choice for your venture - Create an outline of the stages in the entrepreneurial process that you would need to follow when starting this business. Determine the resources and tools you would..

Reviews

Write a Review

Operation Management Questions & Answers

  What is meant by the term mark-to-market

What is meant by the term "mark-to-market'? What are the implications for those trading in futures contracts?

  Describe the various organizational structures

Describe the various organizational structures as well as which one you would prefer to work in and why. 75 to 150 words

  Describe the best strategic planning and implementation or

from some organizations where you have worked or someone else has worked write 2 scenarios from the strategic

  Compute total cost per year

A grocery store orders paper grocery bags from a distributor. The store uses 2,300 cases of bags per year, and its ordering cost is $65 per order.

  Determine the size and timing of planned order

A firm that produces wood shutters and bookcases has received two orders for shutters: one for 100 shutters and one for 150 shutters.

  Phelps petroleum company must decide between two methods

Phelps Petroleum Company must decide between two methods of processing oil at a refinery. Method 1 has fixed costs of $22000 for depreciation

  By using the same information given in the class simulation

using the same information provided in the class simulation exercise dhl supply chain 022714 and the corresponding

  Describe a specific change initiative

Discuss the following points regarding change efforts and their results: Describe a specific change initiative that you participated in that seemed to work well.

  A firm plans to begin production of a new small appliance

A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $7 each or to produce them in-house.

  How do ethics and social responsibility influence

How do ethics and social responsibility influence human behavior in organizations?

  What is the time constraints

Profits for Lite beer are $3.00 per keg and profits for Dark beer are $2.00 per keg. What is the time constraints?

  Illustrate what are the support also resources required

Illustrate what are the support also resources required from senior management to implement marketing plan.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd