Causality and inference: Structuring the well-formed hypothesis



Causality and inference: Structuring the well-formed hypothesis

Assignment 4a

Description of credible research on management

In his article Duffers need not Apply the Adam Bryant describes a research project to relate two diversified phenomena's such as the performance of a Fortune 500 company and the golf game of their CEO. Many people believed that Golf is the unique game through which the business it's a general perception of most of the business leaders enhance their relations with other competitors and the clients. The big business leaders played golf and enhance their connections with other people's of same status. They mostly stay away from their homes and serve their time not with family but with this game. The article New York Times defines the management power of American chief executives and compares it with the golf games. This article further defines the credible research on management and the techniques through which the chief executives produce good outcomes in their business.

The Nature of Hypothesis

The Statistical hypothesis testing always helps the investigator to define variables in any research to obtain affluent outcomes which can helpful for the researchers to predict future outcomes or variables. Before starting to any research projects, the investigator initially apply hypothesis testing in which he can determine if the solutions of this test can provides good or accurate results or not. This can be done by using the null hypothesis through which the research assumes the overall research hypothesis. Then they proceed towards alternative hypothesis as a source of help. This is the main procedure in statistical testing through which they can acquire the predicted variables. In this research study, the author compares the organization progress and compares it with golf game. The author discussed about 51 chief executives who appear both in Golf Digest's June issue and in the data base of large-company executives maintained by Graef Crystal, who edits a San Diego-based newsletter on executive compensation. Through this we can assume our null and alternative hypothesis.

Table I

 

Chief Executives

Handicap Index

Best Stock Market

11

12.4

Middle Performances

22

14.6

Subpar Performances

11

17.2

Sum

44

44.2

In this article, the Adam Bryant used 51 chief executives data that played golf game and enhances their relationship with other competitors during playing. The research article highlighted different assortment of chief executives and their performances in his article. Through this table we can easily noticed that 11 chief executives showed best performances and augments their market value by 12.4 handicap index in stock market. Middle performances have showed by 22 executives and sustain their position by 14.6 handicaps index in stick market. They are the worse golf players who did not achieve their goal during playing the games and in their business. They always fluctuate and did not set any target for the ease.

While 11 chief executives are the poorest in the market and they secured 17.2 handicap indexes in stock market. They are the poorest golf players and they never focus on their business objectives and the other significance things. The author describes the 51 chief executives in ...