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A Shoe manufacturing company designs a new shoe (Brand A) and it wanted to compare its fit with that of the leading brands in the market Nike and Reebok. 27 Customers were asked to try one of the brands and rate its comfort which was measured on 1 (bad) to 9 (good) scales. The new shoe will be introduced only if it is preferred over the other 2 brands. The scores are given below:
Nike Reebok Brand A
7 4 3
5 6 5
8 7 8
7 8 5
5 4 9
6 6 7
8 3 8
5 7 5
7 6 6
H (1): Is Brand A preferred over Nike?
H (2): Is Brand A preferred over Reebok?
The CEO of supermarket 'Taste' thinks of opening a branch in another shopping mall in Hong Kong. But before that he wants to study the consumer's preference for a particular store based on the variety of items sold in that store. He would compare his store with the leading supermarket chains like PNS and Welcome in a study in which 30 consumers participate. They are given a questionnaire which listed the variety of products sold in a particular departmental store for different item categories and asked them to rate their preference for that store which was measured on a 10 pointer scale, 1 (less preferred) and 10 (more preferred). These are then averaged for a single consumer and are given below in a table.
PNS Welcome Taste
3 4 6
4 6 7
6 5 4
7 4 8
8 3 9
9 6 4
6 8 5
7 6 4
6 4 7
5 8 7
The CEO will open a branch only if consumers prefer 'Taste' departmental store over PNS and Welcome. What will be his decision?
what is the role of statistics in other sciences?
Suppose the arrival times of phone calls in a help centre follow a Poisson process with rate 20 per hour (so the inter-arrival times are independent exponential random variables).
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at what p-value do we reject the null hypothesis for the Dublin-Watson test
LO.1 (Activity analysis) The Raleigh plant manager of Allentown Corp. has noticed the plant frequently changes the schedule on its production line. He has gathered the following in
Depreciation during the financial year The Resources which are bought during the economical season and its determined that the Depreciation will be incurred on them @ 10% PA it
The quick method for a confidence interval for a proportion uses p ±1/√n as an approximation for a 95% confidence interval. The margin of error in this case is slightly larger tha
how solve and get kurtosis
determine the required value of the missing probality to make the distribution a discrete probability distribution
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