BUS 352 Grand Canyon University hypothetical case of process management discussion
Description
Write the null and alternative hypotheses for a right-tailed hypothesis test of variance related to your field of interest. Give each hypothesis in mathematical terms and also state in written terms. Discuss the possible outcomes and what happens if the null hypothesis is rejected. Be sure to include references.
In reply to your peers, discuss whether you agree or disagree, justify your answer, and address what a rejection of this test implies for managing the process or addressing the business question. Note: Be sure you are giving an appropriate example about statistical variance (or standard deviation) not means, proportions, or other things such as sales volume. Use reference source(s) to support your response.
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