Statistic Case Study for Bottle Company

So, we should reject the null hypothesis H0. At a 0.05 level of significance level, we conclude that there is a significant difference between the average height for females and the average height for the males.

"Cooley Distillery: The Independent Spirit of Ireland" is a "David and Goliath" case surrounding Cooley Distillery, which is the only independently owned Irish whiskey distiller in the world. Located in Ireland, the company has managed to survive strong competition in the oligopolistic category of Irish whiskey in the global spirits industry for 25 years. The non-listed public company has remained a niche player despite gaining a staggering reputation for quality and innovation in its offerings. One of the biggest problems faced by the company is that in all these years, Cooley Distillery has never managed to pay any dividends to its 290 shareholders and John Teeling, the founder and chairman

If there is not enough data in the case study to assess the above, what

At 5% level of significance, is there sufficient evidence to conclude that the proportions of errors in transactions assigned to each of the 5 memory locations are all different?

Testing allows the p-value that represents the probability showing that results are unlikely to occur by chance. A p-value of 5% or lower is statistically significant. The p value helps in minimizing Type I or Type II errors in the dataset that can often occur when the p value is more than the significance level. The p value can help in stopping the positive and negative correlation between the dataset to reject the null hypothesis and to determine if there is statistical significance in the hypothesis. Understanding the p value is very important in helping researchers to determine the significance of the effect of their experiment and variables for other researchers

Select one (1) project from your working or educational environment that you would use the hypothesis test technique. Next, propose the hypothesis structure (e.g., the null hypothesis, data collection process, confidence interval, test statistics, reject or not reject the decision, etc.) for the business process of the selected project. Provide a rationale for your response.

When you perform a test of hypothesis, you must always use the 4-step approach: i. S1:the “Null” and “Alternate” hypotheses, ii. S2: calculate value of the test statistic, iii. S3: the level of significance and the critical value of the statistic, iv. S4: your decision rule and the conclusion reached in not rejecting or rejecting the null hypothesis. When asked to calculate p–value, S5, relate the p-value to the level of significance in reaching your conclusion.

To test the null hypothesis, if the P-Value of the test is less than 0.05 I will reject the null hypothesis.

Provide the following discussion based on the conclusion of your test: If you conclude that there are less than sixteen (16) ounces in a bottle of soda, speculate on three (3) possible causes. Next, suggest the strategies to avoid the deficit in the future.

“Hypothesis testing is a decision-making process for evaluating claims about a population” (Bluman, 2013, p. 398). This process is used to determine if you will accept or reject the hypothesis. The claim is that the bottles contain less than 16 ounces. The null hypothesis is the soda bottles contain 16 ounces. The alternative hypothesis is the bottles contain less than 16 ounces. The significance level will be 0.05. The test method to be used is a t-score. The test statistic is calculated to be -11.24666539 and the P-value is 1.0.  The P-value is the probability of observing a sample statistic as extreme as the test statistic, assuming the null hypothesis is true. The T Crit value is 1.69912702. The calculations show there is enough evidence to support the claim that the soda bottles do

Conclusion : Reject the null hypothesis. The sample provide enough evidence to support the claim that mean is significantly different from 12 .

A pharmaceutical company is testing the effectiveness of a new drug for lowering cholesterol. As part of this trial, they wish to determine whether there is a difference between the effectiveness for women and for men. Using   = .05, what is the value the test statistic?

In this project we were given the case of customer complaints that the bottles of the brand of soda produced in our company contained less than the advertised sixteen ounces of product. Our boss wants us to solve the problem at hand and has asked me to investigate. I have asked my employees to pull Thirty (30) bottles off the line at random from all the shifts at the bottling plant. The first step in solving this problem is to calculate the mean (x bar), the median (mu), and the standard deviation (s) of the sample. All of those calculations were easily computed in excel. The mean was computed by entering:

United Beverages’ CEO is debating with his department heads on the course of action the company is going to take in the future. Their flagship product, GangBuster, has been highly successful for the past 5 years. However, they have been thinking of entering the market for Energy Drinks for kids. Paul Diaz also comes up with a revolutionary idea of the dual-drink, having two separate flavored drinks in a bottle and being able to mix both flavors. Due to the limited resources of United Beverages, they have two weeks to decide whether to expand their portfolio or not?

Based in St. Louis, Missouri, Anheuser-Busch is the leading American brewer. The company is one of the largest theme park operators in the United States, a major manufacturer of aluminum cans and one of the world’s largest recyclers of aluminum cans. Our diverse background also includes malt production, rice milling, real estate development, turf farming, label printing and transportation services.