Another organization wants to perform a similar analysis on Department A’s and Department B’s performanceevaluation scores.a. What is the Null Hypothesis (Ho:)?b. What is the Research Question or Alternative Hypothesis (Ha:)?c. Perform the t-Test and show the results (two sample assume equal variance).d. Is there a significant difference in the two departments’ performance evaluation ratings? Explain.e. Do you reject or fail to reject the Ho?Dept A Dept B3.1 3.13.6 3.13.2 3.23.5 3.43.1 3.22.9 3.33.5 3.13.6 2.93.7 3.13.5 3.62.9 3.23.2 3.33.6 3.43.5 3.33.4 3.12.9 2.83.4 2.93.3 3.13.5 3.23.4 3.1

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Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.