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Instructions
Review Questions: Answer the following questions in detail.
1. Explain the notions of mathematical differences, managerially important differences, and statistical significance. Can results be statistically significant and yet lack managerial importance. Explain your
answer.
2. Describe the steps in the procedure for testing hypotheses. Discuss the difference between a null hypothesis and an alternative hypothesis.
3. What purpose does a scatter diagram serve?
4. The following ANOVA summary data are the result of a regression with sales per year (dependent variable)as a function of promotion expenditures per year (independent variable) for a toy company.
F = MSA = 34,276
MSE 4,721
The degrees of freedom are 1 for the numerator and 19 for the denominator. Is the relationship statistically significant at ” = .05? Comment on your answer.
Deliverable length 3-5 body page in APA format with the incorporation and citation of reference material.
Note: Write the paper similar to my previous one that I uploaded.
Do you need this or any other assignment done for you from scratch?
We assure you a quality paper that is 100% free from plagiarism and AI.
You can choose either format of your choice ( Apa, Mla, Havard, Chicago, or any other)
NB: We do not resell your papers. Upon ordering, we do an original paper exclusively for you.
NB: All your data is kept safe from the public.