01 Oct HYPOTHESIS TESTING: T-TESTS & ANOVAS
Business Analytics and Decision Making
HYPOTHESIS TESTING: T-TESTS & ANOVAS
Assignment Overview
Hypothesis Tests & ANOVA
One-Way ANOVA (Analysis of Variance) tests if there are statistical differences between the means of three or more independent groups.
Case 2 Resources
Analysis of Variance (ANOVA)
Single factor ANOVA in Excel or one way ANOVA in Excel Explained
Perform a One-Way Analysis of Variance (ANOVA) in Excel
Case Assignment
Industry Research and Analysis with ANOVA
In Case 1, you used Analyze Data in Excel and it provided suggestions about the data. For this case, you will be using ANOVAs to look for differences.
Wording for ANOVAs:
(Null Hypothesis) H0: There is no difference in Survey Measure by Demographic.
(Alternate Hypothesis) H1: There is a difference in Survey Measure by Demographic.
Based on what you discovered in Analyze Data, see if there are differences in the four survey measures by one demographic (other than gender).
Insert Chart in Word.
Describe the findings.
Write the Null & Alternative Hypotheses.
Run the ANOVA Test, α = 0.05 level.
Reject or Fail to Reject the Null Hypothesis.
Discuss implications for management. Research and find out if there are studies that make connections between the variables you tested (or similar ones).
Make industry connections with the research from IBISWorld. Include workplace applications that may be implemented based on the findings.
Run a total of 3 ANOVAs for this assignment.
Case 2 Assignment Guidance Files
BUS520 Case2 Assignment Video Guidance
BUS520 Case 2 Assignment Guide
No quotations are permitted in this paper. Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” across the grading rubric. This is a professional paper; not a personal one based on feelings. It must be written in the third person; this means words like “I”, “we”, and “you” are not appropriate.
