Assume once again that you are a consultant who works for the Diligent Consulting Group. You are continuing to work on the analysis of the customer database from Module 1.
Complete the following tasks in the Module 2 SLP assignment template:
The primary resource for this module is Introductory Business Statistics, by Alexander, Illowsky, and Dean.
Alexander, H., Illowsky, B., & Dean, S. (2017). Introductory Business Statistics. Openstax. Retrieved from https://openstax.org/details/books/introductory-business-statistics
For Module 2, you should read through the following material in this textbook. There is quite a bit of detailed material in this module, so please start early.
Chapter 7: The Central Limit Theorem
Sections 7.1 and 7.2 only
This chapter explains sampling distributions and the Central Limit Theorem.
Chapter 8: Confidence Intervals
Sections 8.1, 8.2, and 8.3 only
This chapter explains how to calculate confidence intervals for population means and proportions.
Chapter 9: Hypothesis Testing with One Sample
This chapter introduces hypothesis testing, including the general steps and how to conduct one-sample tests.
Chapter 10: Hypothesis Testing with Two Samples
Sections 10.1, 10.3, and 10.6 only
This chapter expands on Chapter 9 material and focuses on two-sample tests. There are five tests introduced in this chapter, but we will only focus on three of them.