Describe why hypothesis testing is important to businesses.
Write an 800–1,000-word essay, utilizing APA formatting, to discuss the following:
Describe why hypothesis testing is important to businesses.
Report your findings from each Chi-square test that you conducted.
Based solely on the Chi-square test, discuss whether the company should accept the null hypothesis in each region or reject it in favor of the alternate hypothesis.
Discuss any other statistical analyses you would want the company to contemplate before deciding if it will go with a defined or open sales strategy.
Describe and discuss at least 1 other business scenario in which you believe Chi-square testing would be helpful to a company.
sources to help explain what the chi-squared test does/represents: https://www.ling.upenn.edu/~clight/chisquared.htm#:~:text=The%20Chi%2Dsquare%20test%20is,if%20the%20variables%20are%20independent. AND https://www.youtube.com/watch?v=WXPBoFDqNVk
Answer preview to Describe why hypothesis testing is important to businesses.
APA
860 words
