Exam 2 BUS 310 (Empty)-2

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BUS 310 Midterm 2

By taking and submitting this exam you agree to adhere to the GMU Honor Code and
acknowledge the permitted sanctions outlined in the course syllabus for violations. You are
allowed to ONLY to communicate, by any method, only with the instructor.

Please download the exam Excel file from ExPrep. This file contains all the data required to
complete the assignment. Note that, in general, cells shaded green require inputs, calculations, or
text answers. Make sure all output worksheets are ordered to the right of each problem. Save
your Excel workbook as a .XLSX file. Upload your file to the ExPrep Portal when completed.

If you receive an error notification, that your submission is incorrect, it is best to download
the student file again, and rework and revise. The reason for this requirement, is that
ExPrep grades a submission based on existing worksheet names. So, any missing
worksheet or incorrectly named worksheet will generate errors.

All XLSTAT output is required to placed, using the range selection option, in cell A1 on the
existing worksheet(s) for each specific problem. Please keep all XLSTAT worksheet output
organized to the right of each problem worksheet.

You are allowed one upload submission attempt to the ExPrep submission site.

Each problem answer is required to contain the “4 Parts of a Hypothesis Test”. Place your
answers in the text box on the problem worksheet. You are required to use XLSTAT to answer
the problems. A XLSTAT output worksheet is required for each problem.

Problem 1:
Hotels typically have high employee turnover, especially during COVID-19. The director of
human resources of a large hotel chain has compiled data on randomly selected employees and
recorded their employment tenure. He believes that the employees are staying on the job longer
than 2 years. The hotel chain has a long-term average of 2 years of employment tenure.

Problem 2:
Using the Fillet O Fish drive through service data provided, determine if the chain can claim that
their average service time is less than 150 seconds.

Problem 3:
Using the Car Service Repair Time random sample, determine if a competitor shop can claim
that the average repair time is actually more than 15 days.

Problem 4:
The Sales Data provides information on a sample of customers. An industry trade publication
Problem 3:
Using the Car Service Repair Time random sample, determine if a competitor shop can claim
that the average repair time is actually more than 15 days.

Problem 4:
The Sales Data provides information on a sample of customers. An industry trade publication
claimed that the mean profit per customer for this industry is, surprisingly, more than $4,500.
Does the current data set support the trade publication’s claim?

Problem 5:
An employer is considering negotiating its pricing structure for health insurance with its provider
if there is sufficient evidence that employees would be willing to pay lower premiums for a
higher deductible. Specifically, the employer wants more than 30% of their employees to be
willing to make the change. Using this random sample, determine what decision the employer
should make.

Problem 6:
Determine if there is enough evidence to conclude that the mean number of vacations taken by
Undergraduate Students is less than the number taken by Working Individuals. These
observations are random samples.

Problem 7:
Use the random sample data to test the hypothesis that the number of months employed is less
for applicants with low credit risk than those applicants with high credit risk.

Problem 8:
Using the sample data of Graduate MBA students taking Business Analytics at GMU SBUS, can
you conclude that the class mean Final Exam grade is the different than the mean Midterm
grade?

Problem 9:
Using the random sample of Graduate MBA students from GMU SBUS, is there evidence to
support the claim that the GPAs of male students is lower than the female students?

Problem 10:
Using the random sample of family discretionary budgets from the Fairfax, VA. area, is there
enough evidence to conclude that the males spend less than females?
U Honor Code and
violations. You are
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the data required to


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19. The director of


ected employees and
ng on the job longer
ment tenure.

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try trade publication


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y, more than $4,500.

nce with its provider


wer premiums for a
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120827
Operator
Empoyee ID Length of Service (years) Symbols
1 7.0219 <=
2 4.4247 =>
3 4.0274 >
4 3.5315 <
5 3.4658 ≠
6 3.2932 =
7 3.2712
8 3.1205
9 3.0493
10 3.0219
11 2.9479
12 2.9123
13 2.8767
14 2.5342
15 2.5342
16 2.4740
17 2.2959
18 2.2000
19 2.1589
20 2.1507
21 2.1507
22 2.1479
23 2.1315
24 2.1288
25 2.1233
26 2.1205
27 2.1123
28 2.0740
29 2.0548
30 2.0438
31 1.9479
32 1.9370
33 1.8767
34 1.8411
35 1.7781
36 1.7753
37 1.7507
38 1.7452
39 1.7123
40 1.6986
41 1.6438
42 1.4767
43 1.4603
44 1.4411
45 1.4137
46 1.3096
47 1.2986
48 1.2877
49 1.2575
50 1.2356
51 1.1616
52 1.1616
53 1.0959
54 1.0767
55 1.0466
56 1.0356
57 1.0192
58 0.9945
59 0.9836
60 0.9616
61 0.8658
62 0.8082
63 0.7644
64 0.6329
65 0.6055
66 0.5726
67 0.4877
68 0.3671
69 0.3452
70 0.3205
Copy to use the specific symbols to answer question
1 and 2
For H0 what operator is used?
For H1 what operator is used?
What is the P value of the test?
What is the decision? Type Fail To Reject or Reject
120827
120827
Service Times Operator
(sec.) Symbols
876 <=
714 =>
703 >
698 <
667 ≠
614 =
609
557
518
502
493
475
466
461
450
429
427
426
425
415
406
392
391
384
380
379
376
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358
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350
333
329
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305
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Copy to use the specific symbols to answer question
1 and 2
For H0 what operator is used?
For H1 what operator is used?
What is the P value of the test?
What is the decision? Type Fail To Reject or Reject
120827
120827
Operator
Sample Repair Time (Days) Symbols
1 40 <=
2 39 =>
3 38 >
4 37 <
5 36 ≠
6 36 =
7 34
8 31
9 29
10 29
11 27
12 27
13 26
14 26
15 25
16 25
17 25
18 23
19 23
20 23
21 23
22 22
23 22
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27 21
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247 7
248 7
249 7
250 6
251 6
252 5
Copy to use the specific symbols to answer question
1 and 2
For H0 what operator is used?
For H1 what operator is used?
What is the P value of the test?
What is the decision? Type Fail To Reject or Reject
120827
120827
Industry Profit per Operator
Customer Customer Symbols
1 $25,379.34 <=
2 $25,074.14 =>
3 $16,925.55 >
4 $15,079.87 <
5 $12,988.64 ≠
6 $12,243.36 =
7 $12,067.22
8 $11,520.81
9 $11,477.03
10 $9,870.71
11 $7,301.49
12 $7,284.68
13 $6,914.82
14 $6,485.76
15 $6,261.00
16 $5,500.18
17 $5,405.26
18 $5,395.95
19 $5,336.28
20 $4,576.04
21 $3,503.07
22 $3,481.70
23 $3,184.50
24 $2,949.32
25 $2,772.88
26 $2,318.40
27 $2,223.48
28 $2,095.00
29 $1,853.34
30 $1,817.34
31 $1,507.52
32 $1,221.44
33 $1,210.64
34 $1,118.72
35 $998.92
36 $957.12
37 $778.07
38 $723.60
39 $717.23
40 $670.41
41 $604.80
42 $501.12
43 $487.80
44 $461.40
45 $457.92
46 $366.48
47 $313.74
48 $291.04
49 $278.00
50 $276.12
51 $230.60
52 $183.71
53 $139.70
54 $126.70
55 $99.96
56 $99.96
57 $86.70
58 $57.92
59 $54.78
60 $40.60
Copy to use the specific symbols to answer question
1 and 2
For H0 what operator is used?
For H1 what operator is used?
What is the P value of the test?
What is the decision? Type Fail To Reject or Reject
120827
120827
Operator
Employee # Premium/Deductible** Symbols
36 N <=
55 N =>
61 N >
65 N <
53 N ≠
50 N =
28 N
62 N
48 N
31 N
57 N
44 N
38 N
27 N
56 Y
43 Y
45 Y
42 Y
29 N
28 Y
36 Y
49 N
46 N
52 N
Copy to use the specific symbols to answer question
1 and 2 **Would you be willing to pay a lo
For H0 what operator is used? Count of N
For H1 what operator is used?
What is the P value of the test?
What is the decision? Type Fail To Reject or Reject
ould you be willing to pay a lower premium for a higher deductible?
Count of Y Total
120827
120827
Student Working
Number of Number of
Vacations per Vacations per Operator
Year Year Symbols
2 0 <=
4 6 =>
2 7 >
4 6 <
2 4 ≠
1 5 =
4 2
1 1
5 2
1 6
2
1
5
2
2
1
2
2
3
2
2
2
1
5
Copy to use the specific symbols to answer question
1 and 2
For H0 what operator is used?
For H1 what operator is used?
What is the P value of the test?
What is the decision? Type Fail To Reject or Reject
120827
120827
Risk High Risk Low
Months Months Operator
Employed HR Employed LR Symbols
0 12 <=
119 45 =>
14 13 >
9 16 <
4 2 ≠
0 15 =
63 14
4 26
2 8
16 33
5 116
23 15
23 33
58 46
7 24
46 12
1 32
42 2
74 34
33 41
3 40
75 0
8 26
5 60
6 1
114 119
5 5
60 36
10 10
8 28
4 16
0 32
5 46
9 17
69 115
2 31
3 0
17 81
3 28
20 85
59 32
3 0
25 9
3 6
11 14
79 65
13 14
21 2
13 1
14 93
41 108
22 16
14 88
45 1
89 9
20 21
14 6
15 24
12 15
53 81
0 14
56 9
42 18
21 79
10 94
20 73
87 94
54 23
2 6
20 99
13 7
89 10
17 0
3 3
5 25
7 63
15 78
9 36
8 6
48 19
55 3
1 2
111 37
2 14
1 54
2 14
11 0
4 2
4 5
3 19
1 24
19 14
0 93
0 96
42 35
4 48
0 85
10 100
20 7
14 36
20 3
4 47
2 12
0 5
13 66
90 4
15 0
6 4
0 108
2 0
35 23
0 19
45 57
24 9
14 21
19 12
58 11
3 41
4 71
2 74
6 29
3 2
4 108
111 8
21 42
17 70
85 35
37 9
1 0
22 83
40 1
6 3
83 89
0 26
7 38
18 46
49 66
52 75
28 27
31 5
36 4
35 53
61 5
15 21
23 65
14 17
103 0
24 71
15 22
7 118
119 22
29 17
54 11
90 65
28 13
4 34
28 20
81 3
57 13
2 22
119 14
13 0
2 0
33 36
83 62
5 0
18 67
101 12
75 9
42 107
19 24
20 114
30 16
59 111
21 102
10 29
90 77
32 21
62 31
46 9
73 27
40 14
5 99
2 89
16 2
0 6
7 1
22 95
27 92
65 23
105 9
40 41
109 5
3 47
24 17
21 26
51 93
17 3
92 4
52 37
40 23
13 40
0 23
11 17
3 30
5 69
25 106
5 4
53 24
103 7
6 91
70
51
39
Copy to use the specific symbols to answer question
1 and 2
For H0 what operator is used?
For H1 what operator is used?
What is the P value of the test?
What is the decision? Type Fail To Reject or Reject
120827
120827
MBA Operator
Student Midterm Final Exam Symbols
1 62 76 <=
2 90 84 =>
3 68 79 >
4 84 88 <
5 58 76 ≠
6 79 66 =
7 73 75
8 93 94
9 65 66
10 86 92
11 53 80
12 83 87
13 49 86
14 72 63
15 87 92
16 89 75
17 81 69
18 94 92
19 78 79
20 71 60
21 84 68
22 74 71
23 74 61
24 54 68
25 97 76
26 79 72
27 89 99
28 53 58
29 78 82
30 82 72
31 69 77
32 98 95
33 93 72
34 80 71
35 82 72
36 96 96
37 61 72
38 84 89
39 97 94
40 89 85
41 72 60
42 93 66
43 84 96
44 87 83
45 99 88
46 97 92
47 92 80
48 93 80
49 78 91
50 82 74
51 99 96
52 72 80
53 79 62
54 75 70
55 90 87
56 95 90
Copy to use the specific symbols to answer question
1 and 2
For H0 what operator is used?
For H1 what operator is used?
What is the P value of the test?
What is the decision? Type Fail To Reject or Reject
120827
120827
MBA GPA for MBA GPA for Operator
Female Male Symbols
2.5 3.0 <=
2.7 2.8 =>
2.8 3.2 >
2.9 3.5 <
3.0 2.9 ≠
3.0 4.0 =
3.2 4.0
3.2 3.3
3.3 3.1
3.4 3.2
3.6 2.9
3.7 3.5
4.0 3.7
4.0 2.6
4.0 3.3
Copy to use the specific symbols to answer question
1 and 2
For H0 what operator is used?
For H1 what operator is used?
What is the P value of the test?
What is the decision? Type Fail To Reject or Reject
120827
120827
Monthly Budget Monthly Budget Operator
Female Male Symbols
$1,500 $200 <=
$1,400 $700 =>
$1,000 $300 >
$850 $450 <
$840 $400 ≠
$700 $1,000 =
$675 $350
$600 $600
$580 $420
$450 $280
$400 $150
$400 $350
$370 $400
$350 $800
$350 $175
$350 $600
$300 $800
$300 $720
$285 $400
$275 $300
$150 $355
$700
$600
$250
$355
$175
$300
$350
$500
Copy to use the specific symbols to answer question
1 and 2
For H0 what operator is used?
For H1 what operator is used?
What is the P value of the test?
What is the decision? Type Fail To Reject or Reject
120827
120827

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