A computer manufacturer is introducing a new product

Assignment Help Basic Statistics
Reference no: EM13611603

A computer manufacturer is introducing a new product specifically targeted at the home market and wishes to compare the effectiveness of three sales strategies: computer stores, home electronics stores, and department stores. Numbers of sales by 15 salespeople are recorded here:

Electronics store: 5, 4, 3, 3, 3

Department store: 9, 7, 8, 6, 5

Computer store: 7, 4, 8, 4, 3

A) Test the hypothesis that there is no difference between the means of the retailers (alpha=.05).

B) Select a multiple comparison test, if necessary, to determine which groups differ in mean sales (alpha=.05).

Please help explain

Reference no: EM13611603

Questions Cloud

Suppose two dice are rolled let x be the random variable : suppose two dice are rolled. let x be the random variable measuring the sum of the two numbers rolled.a find the
Hart manufacturing operates an automated steel fabrication : hart manufacturing operates an automated steel fabrication process. for one operation hart has found that 45 of the
An industrial hygienist want to be able to estimate the : an industrial hygienist want to be able to estimate the level of carbon monoxide in a plant at the a 0.01 level.
Assume that on january 1 2012 kimberly-clark corp signs a : assume that on january 1 2012 kimberly-clark corp. signs a 10-year noncancelable lease agreement to lease a storage
A computer manufacturer is introducing a new product : a computer manufacturer is introducing a new product specifically targeted at the home market and wishes to compare the
Rayac is about to go public its stcokholders own 50000 : rayac is about to go public. its stcokholders own 50000 shares. the new public issue will represent 700000 shares. the
Ludwick steel company as lessee signed a lease agreement : ludwick steel company as lessee signed a lease agreement for equipment for 5 years beginning december 31 2012. annual
Give a point estimate of the mean value of the parts : in order to evaluate the reasonableness of a firms stated total value of its parts inventory an auditor randomly
Market enterprises would like to issue bonds and needs to : market enterprises would like to issue bonds and needs to determin the approximare rate they would need tp pay

Reviews

Write a Review

Basic Statistics Questions & Answers

  Introduction of one way analysis of variance

Suppose that a researcher does a study to see how level of anxiety (A 1  = low, A 2  = medium, A 3  = high) is used to predict exam performance (Y).

  What type of control chart is used in software process

A project manager at COMSOFT corporation has collected statistics on the organization's software development process. He has the size of each project in number of lines of code for the past 20 projects and the number of lines of code in error disc..

  Explain when to reject hypothesis

suppose you want to test the claim that mu!=3.5 with standard deviation unknown. Given a sample size of n = 40 and a level of significance of alpha=.05, when should you reject H0.

  Probability that all ten climbers reach the summit

In a random sample of 16 mountain climbers who are going to attempt Mt. McKinley what is the probability of each of the following All 16 reach the summit.

  Construct the anova table

Construct the ANOVA table (i.e. compute the between and within SS) and test if there appears to be any differences in means (use α = 0.05)

  Compute mean yearly value using average gas prices

Compute mean yearly value using average gas prices by month found in "Final Project Data Set." Using years as your x-axis and annual mean as your y-axis, design scatterplot and linear regression line.

  Determine the mean and standard deviation of x

Let x be the random variable that denotes the net amount a playr wins by playing this lottery. Write the probablity distribution of x. Determine the mean and standard deviation of x. How will you interpret the values of the mean and standard devia..

  Advantages-disadvantages of using bar chart-pie chart

What are the advantages and disadvantages of each? Explain how the empirical rule help explain the ways in which the values in a set of numerical data cluster and distribute?

  Probability that sample of four fishing days daily catch

The probability that during a sample of four (4) fishing days, the weight of the daily catch will be between 109 tons and 151 tons is?

  Using binomial distribution to calculate probability

Use the binomial distribution formula to calculate the probability that:

  Recognize random variable of interest

Children per family for certain community from census data. Recognize random variable of interest, find out whether is a discrete or continuos, and write its possible values.

  What is the probability of committee composed by two mean

What is the probability of the committee composed by two mean

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd