Find the proportion of customers visiting each stand

Assignment Help Basic Statistics
Reference no: EM131655061

Question: The College Bookstore has just hired a new manager, one with a business background. Claudia Mark man has been charged with increasing the profitability of the bookstore, with the profits going to the general scholarship fund. Claudia started her job just before the beginning of the semester and was analyzing the sales during the days when students are buying their textbooks. The store has four checkout stands, and Claudia noticed registers three and four served fewer students than registers one and two. She is not sure whether the layout of the store channels customers into these registers, whether the checkout clerks in these lines are simply slower than the other two, or whether she was just seeing random differences. Claudia kept a record of which stands the next 1,000 students chose for checkout. The students checked out of the four stands according to the following pattern:

Stand 1      Stand 2       Stand 3        Stand 4

   338           275            201              186

a. Based on these data, can Claudia conclude the proportion of students using the four checkout stands is equal? 1Use an α = 0.05.

b. A friend suggested that you could just as well conduct four hypothesis tests that the proportion of customers visiting each stand is equal to p = 0.25. Discuss the merits of this suggestion.

Reference no: EM131655061

Questions Cloud

What does this algorithm compute : What does this algorithm compute?
Define the primary policing agencies : The department has emerged as one of the primary policing agencies in the state. It has become a modern police department
Fluent with the java programming syntax : Describe at least three strategies that you will take to become fluent with the Java programming syntax.
In a supply chain cost minimization model : In a supply chain cost minimization (optimization) model, aggregating customers into zones according to a grid network or by zip code will in general
Find the proportion of customers visiting each stand : A friend suggested that you could just as well conduct four hypothesis tests that the proportion of customers visiting each stand is equal to p = 0.25.
Information on your personal computer : How often do you backup your critical files and information on your personal computer? Why and how?
What marketing strategies can the small car companies employ : What marketing strategies can the small car companies employ to win you over? What about the larger car company?
Describe simple and complex data types : Describe simple and complex data types. Provide examples of each and their typical uses in a business environment.
How else could the attribute skill be modeled : What is the degree of the Include relationship? How else could attribute Skill be modeled? Is it possible to attach any attributes to the Includes relationship?

Reviews

Write a Review

Basic Statistics Questions & Answers

  What distinguishes raw scores from difference scores

what distinguishes raw scores from difference scores besides the fact that difference scores are used in t-statistic

  Approximation of the binomial distribution

Identify the null hypothesis, alternative hypothesis, test statistic, P-value, conclusion about the null hypothesis, and final conclusion that addresses the original claim. Use the P-value method. Use the normal distribution as an approximation of..

  In a raffle with 100 tickets 10 people buy 10 tickets each

in a raffle with 100 tickets 10 people buy 10 tickets each. ifthere are 3 winning tickets drawn at random find the

  Finite dimensional banach space

1. Show that in any finite dimensional Banach space (Rk with any norm), for any closed, convex set C and any point x not in C , there is at least one nearest point y in C ; in other words, ly - x l= infz∈C lz - x l.

  Why should you use anova instead of several t tests

Why should you use ANOVA instead of several t tests to evaluate mean differences when an experiment consists of three or more treatment conditions?

  Probability for the number of students in sample

Develop a probability for the number of students in the sample who watch soap operas.

  What is the probability of the brown

The makers of the candy M&Ms report that their plain M&Ms are composed of 15% yellow, 10% red, 20% orange, 25% blue, 15% green, and 15% brown. Suppose you randomly select an M&M, what is the probability of the following- It is brown and It is red ..

  What is the major weakness of the hurwicz criterion please

what is the major weakness of the hurwicz criterion?please answer in at least 3 sentences but no more than 6

  Is it possible that erics beliefs make sense

"God exists if and only if either life is meaningful or the soul is not immortal. God exists and the soul is immortal. If God exists, then life is not meaningful." Is it possible that Eric's beliefs make sense?

  A pharmaceutical company claims that their drug is

a pharmaceutical company claims that their drug is effective on more than 90 of all adults. a research company randomly

  What benefit is gained from blocking

In one-way ANOVA, we were able to determine the confidence interval for the population value of each treatment mean. Why is this not appropriate for the treatments being examined in the randomized block design?

  What is the probability

It is now noon and the most recent call came in at 11.35AM.What is the probability that the next call will arrive before 12.30PM? What is the probability that there will be exactly two calls during the next hour?

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