Business owners like to know how their decisions will impact their businesses. According to Harvard Business School Online, before making decisions, managers may explore the benefits of hypothesis ...

The word “hypothesis” has celebrity status. From Ancient Greece through the Enlightenment to Total Quality Management, the process of hypothesis testing provokes thinkers and researchers to elucidate ...

Much of running a small business is a gamble, buoyed by boldness, intuition and guts. But wise business leaders also conduct formal and informal research to inform their business decisions. Good ...

At times we wish to examine statistical evidence, and determine whether it supports or contradicts a claim that has been made (or that we might wish to make) concerning the entire population. This is ...

What Is the Scientific Method? The scientific method is a systematic way of conducting experiments or studies so that you can explore the things you observe in the world and answer questions about ...

Figure 1. (click to enlarge) Effect of temperature on seal strength. The green bars represent samples created using low temperature. The orange indicates packages created using the high-temperature ...