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Use the ATAR model to determine the potential market share for a product concept assuming that it will achieve a trial rate of 25%, 80% awareness in the market, and 65% availability in stores. Although the long-run repeat rate (Rt) is unknown, market research studies suggest that the proportion of potential buyers who will switch to the new product is Rs=60%, and the proportion of those who will repeat purchasing the new product is Rr= 65%.
An accounting professor at a state university in Vermont recently gave a three-question multiple-choice quiz. What is the probability of getting a perfect score if you were forced to guess at each question?
Demands for an item are part of a poisson process and are made on a warehouse 3 times per day. What is the probability that on a given day this item is requested:
a student organization wants to start a nightclub for students under the age of 21. to assess support for this proposal
the consumption of two types of manufacturing goods x and y follows a hypothetical joint probability density function
What is the porbability that less than 20 programmers have had experience in computer programming before being hired.
Find the critical value, t0, to test the claim that the mean1>mean 2. Two samples are randomly selected and come from populations that are normal. The sample statistics are given below. Assume that standard deviation 2/1 is not equal standard devi..
a car manufacturer claims that the miles per gallon for a certain model has a mean equal to 40.5 miles with a standard
In playing the Lemonade Stand Game, Bob decreased his price per cup by two cents, from $.27 per cup to $.25 per cup. At the .05 level of significance, did net revenue increase?
A delivery truck averages 15 miles per gallon, with a standard deviation of 3 miles per gallon, and that fuel consumption is Normally Distributed.
the data set you need to do the assignment can be found on blackboard in the folder assignments and due dates and in
the following graph shows the population of washington d.c. in 2000 and in 2010. what is wrong with this graph? draw a
How large sample should be selected in order to obtain p estimate with a bound of 0.08 on the error of estimation.
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