Explain the influence of a level of significance and sample size
has on hypothesis testing. Provide...
50.1K
Verified Solution
Link Copied!
Question
Statistics
Explain the influence of a level of significance and sample sizehas on hypothesis testing. Provide an example of the influence andhow it impacts business decisions.
Answer & Explanation
Solved by verified expert
3.6 Ratings (407 Votes)
Answer Social science research and by extension business research uses a number of different approaches to study a variety of issues This research may be a very informal simple process or it may be a formal somewhat sophisticated process Regardless of the type of process all research begins with a generalized idea in the form of a research question or a hypothesis A research question usually is posed in the beginning of a research effort or in a specific area of study that has had little formal research A research question may take the form of a basic question about some issue or phenomena or a question about the relationship between two or more variables For example a research question might be Do flexible work hours improve employee productivity Another question might be How do flexible hours influence employees work A hypothesis differs from a research question it is more specific and makes a prediction It is a tentative statement about the relationship between two or more variables The major difference between a research question and a hypothesis is that a hypothesis predicts an experimental outcome For example a hypothesis might state There is a positive relationship between the availability of
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!