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BUSN662 Business Statistics Assignment
BUSN662 Business Statistics Assignment
| ORDER # | 100412 |
| PAPER TYPE | ESSAY |
| WRITING LEVEL | UNDERGRADUATE |
| WRITING STYLE | APA |
| # OF SOURCES | 2 |
| # OF PAGES & WORD COUNT | 3 ≈ 825 WORDS |
What is the Type I Error? What is the Type II Error? How would these two concepts affect the way people form a null hypothesis versus an alternative hypothesis? Please provide a real world example to demonstrate how you would set up the null and the alternative hypothesis to reach a conclusion. (Hint: Statistically, one can only reject a null hypothesis, but cannot accept one. For this reason, the right way to set up hypothesis testing is to put/state your conclusion or what you want to prove in the alternative rather than the null hypothesis.)
This assignment uses a grading rubric. Please review the rubric prior to commencement of the assignment.
Grading Rubric
| Excellent (4) | Good (3) | Needs Improvement (2) | Poor (1) | |
| Language/Spelling/ Grammar | Assignment has no spelling or punctuation errors and very few grammatical errors. Very well written and excellent use of business statistics language. | Assignment has a few punctuation or spelling errors. Few grammatical errors that don’t affect meaning. Well written and use of business statistics language is acceptable. | Assignment has some punctuation or spelling errors. Some grammatical errors but generally don’t affect meaning. Language is satisfactory overall but use of more appropriate business statistics language is required. | Assignment has numerous punctuation or spelling errors. Numerous grammatical errors that affect meaning. Language used is unprofessional and not appropriate for business statistics use. |
| Assignment Organization and Formatting | Relevant sections are included, and each is organized effectively. Formatting is professional and consistent and includes all required elements. | Relevant sections are included but could be a little better organized. Formatting is acceptable and/or one or two required elements are missing. | Relevant sections are included but organization could be improved. Formatting is inconsistent and/or many elements are missing or not formatted appropriately. | Sections are missing and/or poorly organized. Formatting is messy and unprofessional. |
| Assignment content/Thinking | Assignment content is relevant, comprehensive and detailed. Thinking and ideas are presented clearly, are engaging and thorough. | Assignment content is relevant and sufficient. Thinking and ideas are clear but could be expanded to be more thorough. | Assignment content is fairly relevant, basic and/or thinking and ideas lack some clarity and depth. | Assignment content is irrelevant, very basic and thinking and ideas are superficial and lack clarity. |
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