I just need someone to fill in the highlighted parts using the information in the excel (DATA SET).PLEASE DO NOT EMAIL IF YOU DO NOT KNOW HOW TO DO THIS
The focus of this paper is to construct inferential statistics (hypothesis test) by considering the research question, dependent variable, and independent variable, created by team B in Week 2 Business Research Project Part 1 task. Overall, the paper is focused on the statistical implement used to test the hypotheses at 95% confidence interval. Thus, it is essential to interpret the results given the outcomes.
Newton Software started out as a business and personal computer company, but has since branched out into several other areas of technology. For private consumers, this outreach includes digital music, cell phones, and tablets. The most recent addition to the product line is a computerized watch that interacts with the user’s cell phone and the internet. But the business wants to decide how they can rise their revenues, thus Team B has had the task of developing the research question.
(a) The research question
* How does Newton Software’s phone watch unit price (IV) correlate to revenues (DV) for this sector of industry?
(b) Mock data for the independent and dependent variables
* Survey Measurements =
* Surveys Questions=
* Mean =
* Median =
* Mode =
* Standard deviation =
* Interquartile range (IQR) =
* Range =
The hypothesis for the apparent records is as follow:
Hypothesis: If Newton Software’s phone watch unit price goes down, then we will observe an increase in revenues for this sector of industry.
The test will conclude that there is a correlation between costs and revenues (IV) & profits and loss (DV)
Ho: There is a correlation between costs and revenues (IV) & profits and loss (DV).
Ha: There is no correlation between costs and revenues (IV) & profits and loss (DV).
Hypothesis test with a 95% confidence level, using the statistical tool (P-value)
In order to discard the null hypothesis, the data gathered has to reject its claim that there is no correlation between costs and revenues (IV) & profits and loss (DV). The statistical tool must show that there is no significant differences in the hypothesis. The results from a 95% confidence level is ???????and ???????. Data that was gathered were opinions of 385 unsystematically selected people who purchased Inter-watch.
Interpretation of the Results and Findings
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