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atomic number 6 content Bank supposal Testing In all(prenominal) businesses, the need for accurate cultivation and profile is a constitute component to monetary success. In the financial industry, and specifically in banking, every cent must be accounted for and each enthronement must be appropriately bring in and downstairspind to reduce the perception of impropriety. Additionally in the banking sector, argument is fierce and the dexterity to attract new customers can conceive success or failure. In the analysis of Century National Banks entropy, the surmisal that is formulated is directly cerebrate to competition, and needs to be tested in order to validate it or confute it. Team C has decided to taper on the data set of Century National Bank. The data set shows information regarding the following: 1). Customer balances. 2). Automated storyteller machine (ATM) use of goods and services. 3). How umpteen customers have debit cards. 4). work that are provided. 5). How many cities customers use the services in. The purpose of the assumption testing is to prove or disprove the look into interrogation. in that location testament have a five percent geological fault rate to endure the objurgate finale to be made. This decision will be found off of the statistical principles and allow a decision to be made. Team C is evaluating conjecture testing on Century National Bank for urban center one.

Formulate The hypothesis question that accomplishment Team C has come up with is: Does city 1 maintain a higher account balance than the interior(a) average? To write it in a numerical definition it wou! ld look like this: H0: µ = $1312.23 H1: µ ? $1312.23 set five step hypothesis tests The first step in the process is to state the research question. In this part the question must identify the population interest to the researcher, the parameter under investigation, and the value of the hypothesized parameter. This step will help to define the changeable that will be utilize for the data collection. The research enigma that Learning Team C has come up with is: Does...If you exigency to get a overflowing essay, order it on our website: OrderCustomPaper.com

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