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Suppose you manage Saras burger bar, you would like to analyze drink preferences for two different type of customers to determine if the drink preference is independent of customer ages which will help influence your beverage pricing and marketing of new beverages. a survey yeilds the following information.
Under 25 years 25 years and over Total
Coffee 112 206 318
Tea 52 99 151
Soft drink 193 243 436
Other 42 52 95
400 600 1,000
What are the null and alternative Hypotheses?
Develop an expected frequency table? (assumption of independence)
Calculate the test statistic, degrees of freedom and state the p-value from the appropriate table
Can you reject the null hypothesis for a= .05?
suppose that you lend 1000 to a friend and your friend pay you back 1100 the nnext year.suppose the price that year
discuss legal liability in terms of governance in long-term care settings. what agencies have oversight authority?
Describe an experience that you had working on a team. As part of your response discuss how the team was evaluated.
In the floating rate model, a change in the exchange rate is supposed to adjust NX(net exports), until the economy reaches an equilibrium state. However, evidence shows that the exchange rate adjustment process takes years.
Suppose you are an industrialist begninning a biotechnology company. If your research is successful, technology can be sold for $30 million. If your research is unsuccessful, it will be worth nothing.
What characteristics of the market make it more likely that a dealer will quote prices at random rather than stick with a single one, or will choose prices that vary with the perceived characteristics of individual customers.
Determine the effects on American wages and purchasing power of continued outsourcing of labor overseas. Find some of the reasons for these trends.
during the past year the average price of lots along lake michigan in carol beach rose from 2500 to 3000 per foot of
What amount must be deposited into a savings account that pays 8% interest if the inflation rate is 10% and you want to set aside enough money to purchase a red tape cutting machine ten years after the deposit? The current cost of a red tape cutting ..
nationally the monthly survey of american households found 387000 more people at work in february than in january but
What fact might lead the manager to be concerned? If true, what do you think is likely to happen to the price of products G.R. Dry Foods sells?
the british phonographic recordingindustry is comprised of record labels that produce promote and distribute recorded
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