QNT 351 – Entire Week 4
Learning Team – Reflection
Discuss the following with your Learning Team:
The steps in testing a research hypothesis
Comparing the means of two or more groups
Calculating the correlation between two variables
Include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.
Prepare a 350- to 1,050-word paper detailing the findings of your discussion.
Discussion Questions
DQ 1 – Why is the coefficient of correlation an important tool for statisticians? Provide some specific examples from real life.
DQ 2 – What are some terms related to hypothesis testing with which you are already familiar? Why do null and alternative hypotheses have to be mutually exclusive?
DQ 3 – What is the five-step process for hypothesis testing? Is the order important? Explain why or why not. Why do alphas differ among industries? How do ethics affect your chosen level of significance? Can you reject and accept the null hypothesis at the same time? Explain why or why not.
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