The marketing manager of a irm that produces laundry products decides to test market a new...
The marketing manager of a firm that produces laundry products decides to test market a new laundry product in each of the firm's two sales regions. He wants to determine whether there will be a difference in mean sales per market per month between the two regions. A random sample of 16 supermarkets from Region 1 had mean sales of 82.5 with a standard deviation of 6.4. A random sample of 12 supermarkets from Region 2 had a mean sales...
Question 4 of 4, Step 2 of 4 7/16 Correct The marketing manager of a firm that produces laundry products decides to test market a new laundry product in each of the firm's two sales regions. He wants to determine whether there will be a difference in mean sales per market per month between the two regions. A random sample of 17 supermarkets from Region 1 had mean sales of 85.3 with a standard deviation of 5.1. A random sample...
The admissions officer at a small college compares the scores on the Scholastic Aptitude Test (SAT) for the school's male and female applicants. A random sample of 15 male applicants results in a SAT scoring mean of 1151 with a standard deviation of 37. A random sample of 6 female applicants results in a SAT scoring mean of 1095 with a standard deviation of 38. Using this data, find the 95% confidence interval for the true mean difference between the...
Two teaching methods and their effects on science test scores are being reviewed. A random sample of 14 students, taught in traditional lab sessions, had a mean test score of 78.9 with a standard deviation of 5.5. A random sample of 7 students, taught using interactive simulation software, had a mean test score of 84.5 with a standard deviation of 5.3. Do these results support the claim that the mean science test score is lower for students taught in traditional...
a. find the critical value(s) b. find the test values c. reject/do not reject the hypothesis The average sales price of new one-family houses in the Midwest is $246,200 and in the South is $261,800. A random sample of 40 houses in each region was examined with the following results. At the 0.10 level of significance, can it be concluded that the difference in mean sales price for the two regions is greater than $3400? South Midwest Sample size 40...
A market research firm supplies manufacturers with estimates of the retail sales of their products from samples of retail stores. Marketing managers are prone to look at the estimate and ignore sampling error. An SRS of 29 stores this year shows mean sales of 77 units of a small appliance, with a standard deviation of 15 units. During the same point in time last year, an SRS of 18 stores had mean sales of 92.75 units, with standard deviation 12.1...
also calculate: the critical value(s), the test values, and reject/do not reject the hypothesis The average sales price of new one-family houses in the Midwest is $252,400 and in the South is $259,500. A random sample of 36 houses in each region was examined with the following results. At the 0.05 level of significance, can it be concluded that the difference in mean sales price for the two regions is greater than $3400? Midwest South Sample size 36 36 Sample...
A market research firm supplies manufacturers with estimates of the retail sales of their products from samples of retail stores. Marketing managers are prone to look at the estimate and ignore sampling error. An SRS of 2222 stores this year shows mean sales of 6868 units of a small appliance, with a standard deviation of 66 units. During the same point in time last year, an SRS of 2323 stores had mean sales of 62.962.9 units, with standard deviation 15.715.7...
A study was designed to compare the attitudes of two groups of nursing students towards computers. Group 1 had previously taken a statistical methods course that involved significant computer interaction. Group 2 had taken a statistic methods course that did not use computers. The students' attitudes were measured by administering the Computer Anxiety Rating Scale (CARS). A random sample of 15 nursing students from Group 1 resulted in a mean score of 41.5 with a standard deviation of 4.2. A...
A manager for an insurance company believes that customers have the following preferences for life insurance products: 30%30% prefer Whole Life, 30%30% prefer Universal Life, and 40%40% prefer Life Annuities. The results of a survey of 330330 customers were tabulated. Is it possible to refute the sales manager's claimed proportions of customers who prefer each product using the data? Product Number Whole 109 Universal 96 Annuities 125 Copy Data Step 1 of 10: State the null and alternative hypothesis. Answer...