Create goodness of fit test analysis

Assignment Help Operation Management
Reference no: EM13110429

A survey performed by Simmons Market Research investigated the percentage of individuals in various age groups who indicated they were willing to pay more for environmenlal.ly friendly products. The results were presented in USA Today "Snapshots" (July 21, 2005). The survey had approximately 3,240 respondents in each age group. Results of the survey follow:

Age Group 18-24 25-34 35-44 45-54 55-64 65 and over

Percentage 11 17 19 20 14 19

Conduct a goodness-of-fit test analysis to determine if the proportions of individuals willing to pay more for environmenlal.ly friendly products in the various age groups are equal. Use a significance level of 0.01.

 

Reference no: EM13110429

Determined procedure or even about the whole project

Reports are made with the objective of maintaining the communication among the different divisions and levels of the company about the progress of a determined procedure or ev

Data-gathering tool in international market research

In most cases, standard data collection methods are still mail, phone, or personal interviewing. Tokyu Agency, Tokyo, a Japanese ad agency, has started using the internet to f

What are the long-run macroeconomic goals

What are the long-run macroeconomic goals? What is long-run macroeconomic equilibrium? How the goals are relate to the macroeconomic equilibrium? Suppose that consumers and in

The firm owners are satisfied with financial performance

As a top human resource executive in a large, privately held company, you are responsible for compensation and benefits. The firm’s owners are satisfied with financial perform

Calculate percent change in productivity

Eric Johnson (using data from Problem 1.6) determines his costs to be as follows: • Labor: $10 per hour • Resin: $5 per pound • Capital expense: 1% per month of investment •

Other online communication with a customer

What must be considered when communicating with an email or other online communication with a customer. How can it be misinterpreted and what has been your experience been wit

Businesses appear to fit the business market definition

The company is Senior's First Choice and is a non medical in home care company focused toward seniors wishing to age in place or in home. What specific types of businesses app

Objective of minimizing total fixed and variable costs

Blue Computers, a major server manufacturer in the United States, currently has plants in Kentucky and Pennsylvania. The Kentucky plant has a capacity of 1 million units a yea

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd