...CareBridge, LLP Contents Executive Summary ...................................................................................................................................................................... 5 Business Concept ........................................................................................................................................................................... 6 Our Product .................................................................................................................................................................................. 6 Target Market and Market Size .......................................................................................................................................... 8 Funding Requirements and Strategies ........................................................................................................................... 9 Mission Statement .................................................................................................................................................................... 9 Executive Team .......................................................................................................................................................................... 9 Product Introduction............................................................................................................................................................... 9 Prequalification...
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...“Hypothesis testing is one of the fundamental concepts in both scientific research and business decision-making. It involves establishing a hypothesis (or guess!) about the outcome of an event or experiment and then gathering evidence (data) to make a decision on whether the hypothesis should be accepted or rejected” (Colorado Technical University Online, 2010a). Null Hypothesis – H0 “The null hypothesis is the statement being tested. Often, the null hypothesis is a statement of ‘no difference’ or ‘no effect.’ The null hypothesis is not rejected unless there is convincing sample evidence that it is false” (Bowerman, O’Connell, & Orris, 2012). Say for example that a two liter of Coca-Cola is $1.89 at your local grocery store and you like Coke, not Pepsi, can’t even imagine drinking it. If the price went up to $2.19 would you still purchase the product? If the answer is yes, then the null hypothesis is that raising the price of Coke would not adversely affect customer loyalty and brand purchase. We would then test this theory in Step 2. Alternative Hypothesis – H1 “The alternative, or research, hypothesis is a statement that will be accepted only if there is convincing sample evidence that it is true” (Bowerman, O’Connell, & Orris, 2012). Using the same example as above, but adding in a factor that you are on a tight budget, you decide not to purchase Coke or actually consider trying to learn to like drinking Pepsi. Then the alternative hypothesis is that...
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...MGMT600-1404B-03 November 18, 2014 Professor Smith Phase 1 Discussion Board Quantitative research methods are a collection of data that involves the use of numbers, graphs, and charts. With the quantitative method, questionnaire that consists of close ended questions can be used for analysis. Quantitative research method can be expressed by the use of variables. These variables can be continuous or discrete. A continuous variable is a variable that may take on any value between two specified variables. Discrete variables are not continuous. They are infinitely and the values are between maximum and minimum which can’t be attained. WidgeCorp should keep track on the amount of time the customer has to spend on the telephone to get their questions or problems resolved. The time spent on the phone with a customer care representative can range from approximately 0 to 90 minutes. WidgeCorp should also keep track on customer purchases. If a customer had to spend a long amount of time of the phone with a customer care representative, they may not purchase anything from the company. But, if the customer was satisfied with their phone call with the customer care representative, they probably will purchase from the company again. Also, the value of the purchase from the customer is important. This variable will be continuous from the customer who called the 1-800 phone with questions and concerns. If customers had to wait a long period of time before...
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...Applied Managerial Decision Making Phase 3 Discussion Board MGMT600-1501A-03 Null and Alternative Hypothesis Instructor: Professor Dr. Throop, R. February 2, 2015 Null and Alternative Hypothesis A senior executive at Company W is having an issue understanding the concept of null and alternative hypothesis in the snack food research. In this paper, I will make it understandable for him to be able to see how this hypothesis’s work. Though it may be a little cryptic, the concept of null and alternative hypothesis is not very difficult. A null hypothesis is the speculation of a declaration that researchers hope to try to nullify or disprove. The alternative hypothesis is what the researcher actually believes to be the truth about the declaration (M.U.S.E, 2015). A hypothesis involves two types of statements: the null and alternative hypothesis. Statistical implication starts by identifying that research questions can be stated in conditions of a choice between two clear and mutually options. The only reason that null hypothesis and alternative hypothesis are different is chance. Let me break this down so that it will be easier to understand. I will break it down in a formula based statement in regards to the sack food industry. Let us look at this: A researcher must present a statement that is able to be proved or disproved. Once the expectation is known, then a counter statement is provided, which also known as the “null” hypothesis. We can represent this by using the term...
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...MGMT 600 Individual Research Paper Click Link Below To Buy: http://hwaid.com/shop/mgmt-600-individual-research-paper/ My individual Assignment is on the PIZZA Industry that should be basically about. A rubric for each of the potential topics is included in this spreadsheet. As you make your selection, think about which topic interests you the most! Make sure you read the FAQs below before you begin. Requirements for All Topics • Use APA —12-point font, legible font, double-space your text, use one-inch margins on your pages. • Properly cite all sources and use quotation marks or some other formatting to clearly identify all words which are not your own. • Review the tutorials located in our course Syllabus for additional information about originality. • Course Drop Box is configured to auto submit your work to Turnitin.com should be in your own words • Use the appropriate rubric for your topic selection. • Follow the rubric guidelines for length. • Your work must be original to this assignment. Do NOT reuse a paper from a prior course • Review the FAQ’s below for additional direction. FAQ’s Question 1: Does this paper replace the group business plan? No, this paper is in addition to your group business plan. Question 2: Should I use my team’s business idea for this paper? Some students find it easier to use the same topic, but you may choose another business idea for this paper if you prefer. Question 3: I noticed these topics are also subsections...
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