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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?
Find a statistics study (from a newspaper article, journal, research study, or online article) and describe the five-step process of the study. (Hint: it may help to identify the f
Inventory control Inventory Control is the guidance of provide, storage and convenience of items to ensure an adequate provide without excessive oversupply. It can also be known a
Ten students are given coaching for environmental statistics. The score obtained in tests 1 and 5 are given below: Sl No of student 1 2 3 4 5 6 7 8 9 10 Marks in 1st test 50 52 53
variable cost per unit remain constent why
Mention the characteristics of Statistics. Explain any two applications of Statistics.
the guinegog is a trader in portable cd-man. His budgeted output is 5000 units per quarter. The following data was available for the year 1998: Direct labour @ $6 Direct material @
What is meant by the full cost of a product? Many organizations use the expression top dollars to mean the complete creating or technology cost of a product. To this organiz
A girl named Alice fell asleep during a discussion about the difference quotient. She did not think it could possibly have anything to do with real life. While dreaming she saw
how many people travel in a year
merits and demerits of arithmetic mean
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