Director of marketing for a company manufacturing laundry

Assignment Help Applied Statistics
Reference no: EM13945123

1. The director of marketing for a company manufacturing laundry detergent conducts an experiment to compare satisfaction with the laundry detergent product based on level of temperature used for the wash. A random sample of 500 individuals who agree to participate in the experiment is asked to use the product on a standard-sized load under a low - temperature setting. A second random sample of 500 participants is asked to use the same product on a standard - sized load under a high - temperature setting. Of the 500 participants who use the low - temperature setting, 280 are happy with the cleansing outcome. Of the 500 participants who use the high - temperature setting, 320 are happy with the results.

 At the 0.05 level of significance, is there evidence that the detergent is significantly more preferred when used with the high - temperature setting than with the low - temperature setting

2)A human resources director decided to investigate employee perception of the fairness of two performances evaluation methods. To test for the differences between the two methods, 160 employees were randomly assigned to be evaluated by one of the methods: 78 were assigned to method 1, where individuals provide feedback to supervisory queries as part of the evaluation process; 82 were assigned to method 2, where individuals provide self-assessments of their work performance. Following the evaluations, employees were asked whether they considered the performance evaluation fair or unfair. Of the 78 employees in method I, there were 63 fair ratings. Of the 82 employees in method 2, there were 49 fair ratings.

Using a 0.05 level of significance, is there evidence of a significant difference between the two methods in the proportion of fair ratings?

3) A newspaper article discussed the opening of a Whole Foods Market in the Time -Warner building in New York City. Thefollowing data (stored in the fileWHOLEFOODS 1) compared the prices ofsome kitchen staples at the new WhileFood Market and the Fairway super -market located about 15 blocks form theTime - Warner building.

At the 0.01 level of significance, is thereevidence that the mean price is higher atWhole Foods Market than at the Fairwaysupermarket?

Item Whole Foods Fairway

Half - gallon milk 2.19 1.35

Dozen eggs 2.39 1.69

Tropicana orange juice (64 oz.) 2.00 2.49

Head of Boston lettuce 1.98 1.29

Ground round, 1 lb. 4.99 3.69

Bumble Bee tuna, 6 oz. can 1.79 1.33

Granny Smith apples (1lb.) 1.69 1.49

Box DeCecco linguini 1.99 1.59

Salmon steak, 1 lb. 7.99 5.99

Whole chicken, per pound 2.19 1.49

4) Can students save money by comparison shopping at Amazon.com? To investigate this possibility, a random sample of 15 textbooks used during a recent semester at Miami University was selected. The prices for these textbooks at both a local bookstore and through Amazon.com were recorded. The prices for the textbooks, including all relevant taxes and shipping are as stated below. At the 0.01 level of significance, is there evidence of a difference in the median price of textbooks between the local bookstore and Amazon.com?


Book Name Book Store Amazon
Principles of Microeconomics 120.00 101.22
Calculus: Early Transcendentals 137.50 115.33
Exploring Wine 65.00 37.05
Manual de Gramatica 82.75 71.36
Deviant Behavior 90.00 83.00
Modern Architecture Since 1900 39.95 26.37
Rise of Christianity 40.00 26.40
Commercial Banking 120.00 108.99
A Romance of a Republic 25.00 14.99
Chemistry in Context 133.75 102.30
Universal Principles of Design 40.00 26.40
In Mixed Company 79.50 68.76
International Marketing 154.75 126.15
Russia & Western Civilization 30.95 31.95
Enterprise Information Systems 155.75 126.97

Reference no: EM13945123

Questions Cloud

What will the aftertax salvage value be : Farris Industrial purchased a machine five years ago at a cost of $164,900. The machine is being depreciated using the straight-line method over eight years. The tax rate is 35 percent and the discount rate is 14 percent. If the machine is sold today..
The weight at birth of males has a mean value : The weight at birth of males has a mean value of 3.53 kg with a standard deviation of 0.58. What birth weight has a z-score of 0.81? Round to the nearest hundredth as needed.
Retirement account at interest compounded annually : You deposit $2,500 today in a retirement account at 6% interest compounded annually. How much more money will you have if you leave it in a for 35 years rather than 25 years?
Required rate of return on the stock : GoFit Training Inc just paid an annual year-end dividend of $1.60 per share. It plans to increase the dividend by 7% next year, and increase it by the same percentage for the future. If the required rate of return on the stock is 8%, what is the valu..
Director of marketing for a company manufacturing laundry : The director of marketing for a company manufacturing laundry detergent conducts an experiment to compare satisfaction with the laundry detergent product based on level of temperature used for the wash. A random sample of 500 individuals
Terms of the present value of those cash flows : You have determined the profitability of a planned project by finding the present value of all the cash flows from that project. Which of the following would cause the project to look more appealing in terms of the present value of those cash flows?
Discount rate should the firm apply to project cash flows : Deep Mines has 14 million shares of common stock outstanding with a beta of 1.15 and a market price of $42 a share. There are 900,000 shares of 9 percent preferred stock outstanding valued at $80 a share. What discount rate should the firm apply to a..
The company increases advertising expenditures : The sales manager believes the company could increase sales by 3,000 units if advertising expenditures are increased by $30,000. Determine the effect on income if the company increases advertising expenditures.
What must the debt-equity ratio : A firm wishes to maintain a growth rate of 8 percent and a dividend payout ratio of 62 percent. The ratio of total assets to sales is constant at 1, and the profit margin is 10 percent. What must the debt-equity ratio be if the firm wishes to keep th..

Reviews

Write a Review

Applied Statistics Questions & Answers

  Find the probability that the yearly return obtained

Find the probability that the yearly return obtained by investing in common stocks will be higher than the maximum yearly return that might be obtained by investing in tax-free municipal bonds.

  Descriptive statistics and regression equations

Use excel to generate scatterplots, descriptive statistics, and regression equations.An additional observation at the bottom of the data file, needs to be added to the dataset. You should clearly mark on the Excel or Minitab file, which dataset (enti..

  What proportion of us residents who believed that amount

What proportion of the U.S. residents who believed that the amount of violent programming had increased believed that the overall quality of programming had decreased?

  Display these results in a table best shows the associate

a. Display these results in a table that best shows the association between cannibalism and the number of sneaking males. Identify the type of table you used.

  Examine the validity of the assumptions made

Examine whether the laboratories are consistent in their measurements of the differ-ences in the amounts of niacin. Examine the validity of the assumptions made in your analysis

  Significant difference in how the drugs perform

Perform exploratory data analysis on the relevant variables in the dataset. When possible, include appropriate graphs to help illustrate the dataset.

  A company that makes traffic signal lights buys switches

1)A company that makes traffic signal lights buys switches from a supplier. Out of each shipment of 1000 switches, the company will take a random sample of 10 switches. The company has a policy of rejecting a lot if they find any defective switches i..

  The finance director of a hardware wholesaler

The finance director of a hardware wholesaler has asked the accountant to ring each customer five days before their account payment is due, as a means of reducing the number of late payments. As a result of time constraints, however, only 60% of cust..

  Population variance for the height of the students

From an undergraduate class, a sample of 18 students is taken. The sample variance of their height was calculated to be equal to 36. Develop a 90% confidence interval of the population variance for the height of the students of this class.

  Compute the p-value for the hypothesis test you set up

Compute the p-value for the hypothesis test you set up in part a. (2) Use the p-value to carry out the test by setting a equal to .10, .05,  and .001.

  Determine the value of the sample variance

Consider the Mali family farm data discussed in problem 8.28 (in Table 8.7 in the sixth edition) (page.479)  Determine the value of the sample variance and the sample correlation matrices of the data provided

  What is the probability that it will turn red when tested

Water specimens contain nitrates, a solution that is dropped into the water will cause the specimen to turn red 95% of the time. When used on water specimens without nitrates, the solution turns the water red 10% of the time. Past experience in the l..

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