Business Question

Hypothesis Testing: Case Problem PAR Inc.

[WLOs: 1, 2, 3] [CLOs: 1, 2, 3, 4]

Prior to beginning work on this case problem learning activity, watch the

Week 2 Introduction

video, and read Chapters 9 and 10 in the MindTap ebook by clicking on the Getting Ready link for each perspective chapter.

Step 1: Read:

• Review Case Problem: PAR Inc.from Chapter 10 in the ebook.

Step 2: Do:

• Run the t-Test: Two-Sample Assuming Unequal Variances for the Data File Golf (Chapter 10) using the video How to Add Excel’s Data Analysis ToolPak for assistance.

Step 3: Complete a managerial report, using the methods of hypothesis testing to

• Formulate and present the rationale for a hypothesis test that Par could use to compare the driving distances of the current and new golf balls.
• Analyze the data to provide the hypothesis testing conclusion. What is the p-value for your test? What is your recommendation for Par, Inc.?
• Provide descriptive statistical summaries of the data for each model.
• Explain what the 95% confidence interval is for the population mean driving distance of each model, and explain what the 95% confidence interval is for the difference between the means of the two populations.
• Discuss whether you see a need for larger sample sizes and more testing with the golf balls.