Average amount mall customers

Assignment Help Other Subject
Reference no: EM131014852

In this scenario, you have just been hired away from your Macy's linens department buyer position by the Mall of Elbonia (MoE), as the new food court manager. Why? Rumor had it you have just earned your MBA.

One week ago, the MoE conducted convenience interviews with customers in the mall's food court. One hundred interviews were gathered. The results are summarized in the Mall of Elbonia Interview Results file. In this file, you will find the customers listed in rows, with columns containing data on:

  • The customer's gender. (If you need this data for your computations in this assessment, use the coding convention: 0 for female, 1 for male.)
  • How much time the customer spent in the mall.
  • How much money he or she spent on food.
  • The customer's rating of the mall's friendliness and attractiveness.

After you have applied the descriptive data measures, you find the mean to be particularly telling. You believe that you can happily tell the food court owners that the average amount mall customers spend on food during a visit has increased. You realize this is a one-sample test of hypothesis situation. A 2011 study previously found that customers spent an average of $18.75 per visit.

Reference no: EM131014852

Questions Cloud

Determine the projects cash flow in each year : Kolby’s Korndogs is looking at a new sausage system with an installed cost of $625,000. This cost will be depreciated straight line to zero over the project’s five-year life, at the end of which the sausage system can be scrapped for $95,000. Sales m..
Find the rate of change of the radius of the circle : The rate of change of Area, A, of a circle is 32 π in2/min when the radius is 2 in. Find the rate of change of the radius of the circle ( i.e., dr/dt) when the radius is 2 in.
About the retirement plan : After graduating from college, you are hired by a company that offers a 401(k) retirement plan. You would like to save enough in this plan so that when you retire in 35 years you have an account balance of $1 million. You plan to make monthly contrib..
What is the largest total area that can be enclosed : What should be the length of the side running parallel to the river? What is the largest total area that can be enclosed?
Average amount mall customers : After you have applied the descriptive data measures, you find the mean to be particularly telling. You believe that you can happily tell the food court owners that the average amount mall customers spend on food during a visit has increased. You ..
Calculate the densities of the liquid and vapor phases : At 230° C, the saturation pressure of ethane is 10.6 bar. Calculate the densities of the liquid and vapor phases using the Peng-Robinson equation. Compare to the reported values for the liquid and vapor densities of 0.468 and 0.0193 g..
Using the perpetual growth method : Suppose the dividends for the Seger Corporation over the past six years were $2.52, $2.60, $2.69, $2.77, $2.87, and $2.92, respectively. Compute the expected share price at the end of 2014 using the perpetual growth method. Assume the market risk pre..
Calculate the projects annual free cash flow : Breakeven Sensitivity Analysis The Clayton Manufacturing Company is considering an investment in a new automated inventory system for its warehouse that will provide cash savings to the firm over the next five years.  Calculate the project’s annual f..
Expected interest rate on a one-year treasury bond : As of 09/17/2014, what was the expected interest rate on a one-year treasury bond on 09/17/2015? Please use the expectations theory. As of 09/17/2014, the expected interest rate on a one-year treasury bond If there the expected and the actual interes..

Reviews

Write a Review

Other Subject Questions & Answers

  News clipping

Rupee appreciation is alarming for many as it comes at a time when exports are doing well after weathering the impact of the recession. Exporters are lobbying for arresting the appreciation as they fear losing the market share to some other country.

  Benefits of mentor program for pilots

How mentoring for pilots affects business and employment in aviation industry - Benefits of mentor program for pilots.

  Describes dimensions of social intelligence-communication

Discuss an organizational decision that involved you as either someone responsible for the decision or someone that was impacted in some way by the decision.  Identify as many potential stakeholders associated with the decision and explain their posi..

  The truth about spanking

After reading the article, share your understanding of the ethical approaches and viewpoints associated with the highly debated topic of corporal punishment for children. Defend your opinion.

  Events or experiences that feature the visual arts

For this report, attend one of these venues, events, or experiences that feature the visual arts, theater, dance, religion, myth, or other humanities discipline

  Explain how the united states compares to other countries

explain how the united states compares to other countries with regards to social mobility rates. are there

  Why is hinduism such a difficult term to define

Why is Hinduism such a difficult term to define? Use examples from the text to illustrate the diversity of Hinduism. In your response, explain why there are so many different kinds of religious responses within Hinduism and discuss some of the diffic..

  Use and constitutionality of prison privatization industry

use and the constitutionality of the prison privatization industry

  Usage, purchase and judgmental data used

Bring up two examples for illustrating this concept from relevant and recent Wall Street Journal articles

  Multiculturally competent practitioner

What are the characteristics, beliefs, attitudes, and knowledge of a multiculturally competent practitioner?

  Components-puzzle pieces

Identify three components/puzzle pieces that you believe are most critical to the formation of your worldview. Refer to the Cosgrove text

  Case law and rule of law

Client recently bought a toaster at a local flea market. The market is open year-round, Friday through Sunday.Client bought the same toaster at a garage sale.

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