Tuesday, May 5, 2020

Hypothesis Testing in Fashion Designer Industry free essay sample

This is the final project for the Data Analysis for Business class. I’ve been learning how to analyze statistics and how those studies will help in predicting and deciding in business cases during this quarter. This project also gives me a chance to use what I have learned in class in real life. My project is about the growth of the number of employments in the fashion designer industry. According to the Bureau of Labor in the United States, a growth of 5% will exist in this industry by 2016. Through this project I want to prove that the prediction of the Bureau of Labor in the United States is true, and reject the hypothesis that the growth of this industry is less than 5%. 2. Body: You can add a theoretical discussion in your project†¦this is optional. But, if you want to discuss your study’s goal and basic theoretical truth behind your hypotheses, you are welcome to do that in this section. We will write a custom essay sample on Hypothesis Testing in Fashion Designer Industry or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 3. Hypotheses: The industry will grow less than 5%. 4. Method: 5. 1. Data Collection: Annual wage of fashion designers by areas, May 2006 After calculating the correlation, I have to construct a confident interval of 90% and 95%. Using the t-table, the Z-table and the F-table. Which are†¦ We can say that the employment level affects the wage rates, and there is a positive correlation coefficient between wage rates and employment level. 5. 3. Findings: Discuss which hypotheses you rejected/not rejected! Discuss your finding and points that help you to support your decision! 5. Conclusion: 6. References: List the references you used in your project—possibly link and URLs! I’d like to know where you are finding the theoretical info or data!

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