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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?
Draw a tree diagram to represent all probabilities for the following. a bag contains 11 red and 8 blue marbles. Two marbles are selected at random without replacement from the bag.
explain the characteristics of statistics
Question: (a) Find the number of different words which can be formed with the letters A, A, A, B, B, C, C if (i) there is no restriction (ii) they must st
various types of measure of fertility
V ariance A measure of dispersion the variance represents the average distance from any given observation in a series to the mean of that series in the units squared.
For this second assignment you will have to use the OECD database to investigate possible changes in the policy preferences of Western welfare states. You have to develop (i) an in
whatis seasonal variation?show it with graphs?
A politician claims that the mean salary for managers in his state is more than national mean $82,000. The salaries (in dollars) for a random sample of 30 managers in the state ar
write about scaling technique
PolyCorp is considering an investment in new plant of $3 million. The project will be financed with a loan of $2,000,000 which will be repaid over the next five years in equal ann
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