Purpose of Assignment
The purpose of this assignment is to develop students’ abilities to combine the knowledge of descriptive statistics covered in Weeks 1 and 2 and one-sample hypothesis testing to make managerial decisions. In this assignment, students will develop the ability to use statistical analysis and verify whether or not a claim is valid before advertising it.
Resources: Microsoft ExcelÂ®, Spicy Wings Case Study, Spicy Wings Data Set
Develop a 250-word statistical analysis.
Use descriptive statistics to compute a measure of performance John can use to analyze his delivery performance. Find the following for your measures:
- Standard deviation
- Sample size
- Five-number summary on the total time
Conduct a formal hypothesis testing to help John decide whether to offer the delivery guarantee or not.
Format your assignment consistent with APA format.