Overview
Main post: You are about to embark into a new country with your business. However, you are aware that there are differences between cultures and societies around the globe. To understand potential customers better, you have found some cultural data about various countries.
- Choose one of the countries listed below as the current home country for your business.
Algeria Egypt Kyrgyzstan Poland Trinidad and Tobago Argentina Estonia Lebanon Qatar Tunisia Armenia Georgia Libya Romania Turkey Australia Germany Malaysia Russia Ukraine Azerbaijan Ghana Mexico Rwanda United States of America Bahrain Haiti Morocco Singapore Uruguay Belarus Hong Kong Netherlands Slovenia Uzbekistan Brazil India New Zealand South Africa Yemen Chile Iraq Nigeria South Korea Zimbabwe China Japan Pakistan Spain Colombia Jordan Palestine Sweden Cyprus Kazakhstan Peru Taiwan Ecuador Kuwait Philippines Thailand - Choose one of the remaining countries for the new business location.
- Choose at least one of the categories listed below that you believe will impact your business.
- Importance of family rating (very important, somewhat important, not very important, not at all important)
- Importance of friends rating (very important, somewhat important, not very important, not at all important)
- Importance of leisure rating (very important, somewhat important, not very important, not at all important)
- Importance of politics rating (very important, somewhat important, not very important, not at all important)
- Importance of work rating (very important, somewhat important, not very important, not at all important)
- Importance of religion rating (very important, somewhat important, not very important, not at all important)
- Men have more right to a job than women rating (agree, disagree, neither)
- Ethnic background(s) (173 listed)
- Using the provided pivot table, you will find the frequency for the category (or intersection of categories) chosen for the countries you selected for your current and new business locations.
- Use the frequencies found to determine the percentage of the population represented for each country.
- Write a hypothesis about the situation. Your hypothesis will be stating whether you think the percentage of the population of the new country chosen will be less than, greater than, or not equal to the percentage found for the current country. While writing your hypothesis, be sure to use all the correct notations for H0 and Ha.
- State whether you have a one-tailed lower, one-tailed upper, or two-tailed test.
- Write a brief description of how the outcome may impact your businesses success in the new country.
See guidance for finding the frequency of your chosen aspect, the percentage of the population, and starter phrases related to your results. You can also view a Discussion Board starter video to assist you with the Unit 7 Discussion Board in the Unit 7 LiveBinder.
Peer Reply 1:
Recall that:
- Type I error is defined as rejecting the null hypothesis when in fact it should not be rejected (i.e., "false positive," "false alarm," defendant found guilty when in fact innocent).
- Type II error is defined as not rejecting the null hypothesis when in fact it should be rejected (i.e., "false negative," defendant found not guilty when in fact guilty).
Review a classmate's thread. In the context of their hypothesis test, discuss what the type I error and type II error would mean, using a decision table as your guide.
See guidance for what a type I and type II error will be in regards to your classmate's hypothesis test.
Peer Reply 2:
Review another classmate's thread. Suppose you are the researcher of the hypothesis test.
- Choose a level of significance.
- Determine whether to reject or fail to reject the null hypothesis about the current country of business and the new country.
- Write a statement to the manager in charge of the project about what should be done based on your observations and the hypothesis test performed.