A marketing researcher for a phone company surveys 180 people and finds that the proportion of...
D 1. A market researcher for a phone company surveys 216 people as a random sample from the U.S and finds the proportion of customers who are likely to switch providers when their contract expires is 19%.Does this context fit the 10 percent condition for independence? Yes, it does. Our population is larger than the minimum number required for 10 percent condition. No, it does not. Our population is smaller than the minimum number required for 10 percent condition.
The proportion of adult women in Latvia is approximately 54%. A marketing survey telephones 400 people at random. a) What is the sampling distribution of the observed pro- portion that are women? b) What is the standard deviation of that proportion? c) Would you be surprised to find 56% women in a sample of size 400? Explain. d) Would you be surprised to find 51% women in a sample of size 400? Explain. e) Would you be surprised to find...
STA2221 examples on CI & Testing of Hypothesis Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answer the question Provide an appropriate response. 1) Find the critical value,te for 0.99 and n-10. A) 3.250 B) 3.169 1.833 D) 2.262 2) Find the critical value to forc=0.95 and n=16. A) 2.947 B) 2.602 2120 D) 2.131 3) Find the value of E, the margin of error, for A) 1.69 B) 0.42 0.99, n=16 and s=2.6. C)...
-We focus on the behavioural consequences of satisfaction that relate to profit Three key behav ioural measures: 1. Customer retention; This is measured as: • Repeat purchase with durables such as cars • Continuity of use with utilities and a v ariety of serv ice prov iders 2. Share of category requirement (SCR) This is the proportion of category spending that goes to a particular brand This applies in repertoire categories such as groceries, hotels and supermarkets 3. Voice •...