QNT561 University of Phoenix Week 5 SpeedX Payment Times Case Study

Create a Minimum 750 word statistical analysis based on BOTH the Case Study Scenarios and SpeedX Payment Times.

Address the following

Case 1: Election Results

• Use 0.10 as the significance level (α).
• Conduct a one-sample hypothesis test to determine if the networks should announce at 8:01 P.M. the Republican candidate George W. Bush will win the state.

Case 2: SpeedX

• Use 0.10 and the significance level (α).
• Conduct a one-sample hypothesis test and determine if you can convince the CFO to conclude the plan will be profitable.