Find the order rate for each region

Assignment Help Basic Statistics
Reference no: EM131811221

Question: A mail-order company is interested in whether or not "order rates" (the percent of catalogs mailed that result in an order) vary from one region of the country to another. Table 17.4.5 gives recent data on the number of catalogs mailed that produced an order, and the number that did not, according to region.

a. Find the order rate (as a percentage) for each region. Which region appears to order at a higher rate on a per-catalog basis?

b. Are the order rates significantly different between these two regions? How do you know?

427_Order.png

Reference no: EM131811221

Questions Cloud

Find the estimated probability of a loose rivet : Out of 267 roller skates randomly selected for close examination, 5 were found to have a loose rivet, and 12 were not cleaned according to specifications.
Brown products-cost or pricing data : Brown Products produces automobile anti-collision safety equipment. Preliminary Government tests have demonstrated that four of five accidents
Calculate total amount to be assigned to cost of goods sold : Calculate the total amount to be assigned to cost of goods sold for the fiscal year ended September 30, 20-2, and ending inventory on September 30, 20-2
Income statement and statement of financial positioning : The following table presents the data for CanDo Inc. in as of December 31, 2015:
Find the order rate for each region : A mail-order company is interested in whether or not "order rates" (the percent of catalogs mailed that result in an order) vary from one region of the country.
What is the gross profit margin ratio for the year : What is the Gross Profit Margin ratio for the year, The following are selected account balances for Charlie Company's operations for the FY ended December
How you envision the partnership working : An explanation of how you envision the partnership working, including a specific suggestion regarding how you want organization to support your advocacy effort.
Calculate the amount that will accumulate : After placing $8,000 in a savings account paying annual compound interest of 8%, calculate the amount that will accumulate if it is left for 8 years?
Explain the economic entity assumption : In your own Words, explain the economic entity assumption. Why do you feel that this is important for business owners

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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