Explain the influence of a level of significance and sample size has on hypothesis testing. Provide...

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Explain the influence of a level of significance and sample sizehas on hypothesis testing. Provide an example of the influence andhow it impacts business decisions.

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Answer Social science research and by extension business research uses a number of different approaches to study a variety of issues This research may be a very informal simple process or it may be a formal somewhat sophisticated process Regardless of the type of process all research begins with a generalized idea in the form of a research question or a hypothesis A research question usually is posed in the beginning of a research effort or in a specific area of study that has had little formal research A research question may take the form of a basic question about some issue or phenomena or a question about the relationship between two or more variables For example a research question might be Do flexible work hours improve employee productivity Another question might be How do flexible hours influence employees work A hypothesis differs from a research question it is more specific and makes a prediction It is a tentative statement about the relationship between two or more variables The major difference between a research question and a hypothesis is that a hypothesis predicts an experimental outcome For example a hypothesis might state There is a positive relationship between the availability of See Answer

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