What are the means and standard deviations

Assignment Help Marketing Management
Reference no: EM13736887

Question 1

Ventura

County

Males

430360

Females

401605

How large a sample that is proportional to the number of males and females in Ventura County, CA is required if you want to be 95% confident that the sample is representative of the population?

Question 2

Ventura

County

Married

210904

Suppose that you also know the number of males and females that are married in Ventura County, CA.

Ventura County

   

Married

Not Married

Males

430360

210904

 

Females

401605

210904

 

How large a sample that is proportionate to the number of married males and females in Ventura County, CA is required if you want to be 95% confident that the sample is representative of the population? Note that you have to assume that the Males in the County are married to the Females in that county.

Question 3

Selected Economic Characteristics - Ventura County, CA: 2002

Total Population

770,658

     

Households

251,037

     

Household Size

Mean

3.07

Deviation

0.016

Household income (dollars)

Mean

75,748

Deviation

1524

How large a sample that will yield an average household size of 3.07 for Ventura County, CA is required if you want to be 95% confident that the sample is representative of the population?

Question 4

How large a sample that will yield an average household income of $75, 748 for Ventura County, CA is required if you want to be 95% confident that the sample is representative of the population?

Question 5

 

Bush

Gore

Florida Votes Cast

2912790

291253

If you wanted to predict the 2004 Florida Presidential election, how large a sample would you have needed required if you want to be 95% confident that the sample is representative of the population?


Column

Variable

Variable Type:

Nominal

Ordinal

or

Interval

A

Household Identification Number 1-60

 

B

Weekly food expenditure, actual, e.g., 34.50

 

C

Number of persons in household, coded in nine categories

 

D

Annual income of household, actual, e.g., $10,000

 

E

Age of head of household, actual, e.g., 38

 

F

Education of head of household, coded in seven categories

 

G

Any children under 6 years in household, coded into two categories

 

H

Any children 6-18 years in household, coded into two categories

 

I

Annual income of household, coded in six categories

 

J

Age of head of household, coded into seven categories, 1-7

 

Assume that Sheet 1 shows census data. Your task is to describe that population. Nominal, ordinal, and interval variables have been included so that you will get a chance to work with nominal, ordinal, and interval variables.

Question 6

Including all three columns, Copy/Paste NominalOrdinalInterval.doc into your framework for your answer to CASE2, Question 6. In that copied/pasted table, input the word that appropriately describes each of the MKT403-HouseholdData.xls A-J variables as nominal (dichotomous), ordinal or interval.

Question 7

For variables B, D, and E in MKT403-HouseholdData.xls; what are the means and standard deviations? Why is the mean an inappropriate parameter for describing variables C, F, G, H, I and J?

Question 8

Tabulate variables C, F, G, H, I, and J in MKT403-HouseholdData.xls and present the resul­tant absolute frequency, cumulative frequency, and absolutive and cumu­lative percentage distributions.

Question 9

How large a sample will yield the average household income of the population described by Variable D in MKT403-Data.xls?
Question 10

How large a sample will yield the income distribution of the population described by Variable I in MKT403-HouseholdData.xls?

Reference no: EM13736887

Questions Cloud

Horizontal axis and exclusion cost on vertical axis : Plot the goods in a graph with realness on the horizontal axis and (relative) exclusion cost on the vertical axis. (1) 1000 pounds of compacted scrap steel; (2) 1/2 ton of compacted scrap steel; (3) a mahogany tree in an inaccessible Central American..
Determine the more reliable method to estimate driving speed : Determine the more reliable method to estimate driving speeds and miles per gallon by using (a) official statistics on highway traffic from the Environmental Protection Agency or by using (b) engineering studies of the efficiency of gasoline engin..
Information management systems : The owners of MovieFlix realize that they need to modernize their information management systems in order to make their processes run more smoothly and to solve some of their business problems.
Advertising industrys position on marketing to children : Which statement BEST describes the advertising industry's position on marketing to children? marketers must limit their use of advertainment in broadcast and online channels.
What are the means and standard deviations : For variables B, D, and E in MKT403-HouseholdData.xls; what are the means and standard deviations? Why is the mean an inappropriate parameter for describing variables C, F, G, H, I and J
Relevance of performance standards for today : In 200- 250 words describe the relevance of performance standards for today's knowledge-directed workers, and how their use will result in a more competitive compensation and benefit strategy.
Motivate employee performance through short-term incentives : In 200-250 words compare and contrast when it would be preferable to motivate employee performance through short-term incentives versus long-term incentives, and vice-versa
Consumption of blu-ray disks : Cary has the following utility function: U(X,Y)=10x^2y where X is her consumption of Blu-ray disks with a price of $40 and Y is her consumption of DVDS with a price of $10. She has $900 with which to spend on the two goods. Determine the number of Bl..
Culture of a prospective international client : Knowing details about the culture of a prospective international client before a meeting assures a successful intercultural communication encounter. A Chinese businessman whom you have never met is coming to the United States to visit you. You and..

Reviews

Write a Review

 

Marketing Management Questions & Answers

  Developing competitive advantage

Write a 3-5 page paper/analysis on your chosen case study where you consider the SWOT Analysis, Marketing Goals and Objectives for your Marketing Plan. Developing Competitive Advantage

  When lady gaga released her album ldquoborn this wayrdquo

a shopperrsquos grocery cart contains the following group of products baby powder wet wipes and diapers. what product

  Analyze net marketing contribution in the late-growth stage

Analyze net marketing contribution in the late-growth stage, Analyze net marketing contribution in the introductory stage

  How sales managers apply these criteria to sales force

Fully describe three (3) measures for assessing the effectiveness of a sales force as a whole. Explain why they are important, what they determine, and how sales managers apply these criteria to sales force performance evaluations

  What was the initial impression

Marketing Assignment: Observational research project- site visit and report on a non hospital health service facility, what was the initial impression

  Describe the target market in which the product is solid

Describe the target market(s) in which the product is to be sold Size and characteristics of target market Rationale for target market choices, Calculation of Target market (How many people in the target market? Use at least 3 segmentation variab..

  The mm target markets and positioning strategies

Create the following items that you need to address based on the MM target markets and positioning strategies:  Product name (Name your phone product (s) Advertising slogan or tag line (create and advertising slogan or tagline)

  Detail a swot analysis for movieflix

Create a chart/table where you detail a SWOT analysis for MovieFlix. For your SWOT analysis, you need to list 3 internal strengths, 3 internal weaknesses, 3 external opportunities, and 3 external threats for MovieFlix

  Examine the marketing science of customer behavior and

from the start of this course you have accessed the interactive marketing plan tool and used the step-by-step guide to

  How did the marketing for product influence your purchase

Think for a moment about the last product you purchased. What was the product? What is the brand name of the product? How did the marketing for the product influence your purchase

  Explain important information about internet business model

Explain Important information about Internet Business Model and the concept of Dynamic Pricing be applicable to the model you selected

  Discuss a mountain bike company called moutainriders

Discuss a mountain bike company called MoutainRiders

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