Commercials to maximize the estimated number

Assignment Help Basic Statistics
Reference no: EM1389507

In a political campaign, one of the candidates has enough funds to purchase TV time for a total of five prime-time TV commercials on stations located in four different areas. A report of the estimated number of additional voters (in thousands) for that candidate per area/number of commercials indicated: for 1 commercial; 4 additional in area 1, 6 in area 2, 5 in area 3, and 3 in area 4; for 2 commercials, 7 additional in area 1, 8 in area 2, 9 in area 3, and 7 in area 4; for 3 commercials, 9 additional in area 1, 10 in area 2, 11 in area 3, and 12 in area 4; for 4 commercials, 12 additional in area 1, 11 in area 2, 10 in area 3, and 14 in area 4; and for 5 commercials, 15 additional in area 1, 12 in area 2, 9 in area 3, and 16 in area 4. The order in which TV commercials are assigned to areas should be considered. How should the candidate purchase the five commercials to maximize the estimated number of additional voters?

Reference no: EM1389507

Questions Cloud

Sampling error and validity : Without using references, discuss how sampling affects the validity of a study. Would that be internal or external validity? How would you judge a sampling error in a study?
Alignment of organizational strategies and objectives : HR planning can contribute to the alignment of organizational strategies and objectives. Provide specific examples to support your response.
Programs to pursue to successfully reenter community : How would you aid John plan his reentry? For instance, what programs would you suggest him to pursue to successfully reenter community?
Decision making based on performance data : Provide an example of a decision which you made based upon performance data. What assured you that the data were valid and reliable? Be specific.
Commercials to maximize the estimated number : How should the candidate purchase the five commercials to maximize the estimated number of additional voters?
Review the competencies required of hr management : Review the competencies required of HR management and recommend at least two additional areas in which HR managers
Determine net pressure driving glomerular filtration : Suppose if the average hydrostatic pressure in glomerular capillaries is 55 mmHg, the hydrostatic pressure in Bowman's space is fifteen mmHg, the average colloid osmotic pressure in the glomerular.
Pros and cons for restructering : Critically discuss the pros and cons for restructering. Discuss the preconditions to allow such restructuring and what are the obstacles expected?
Total variance of the investment as investment risk : The variance of the return per share is 4 for stock 1 and 100 for stock 2. The covariance of the return between the two stocks is 5 per share. Use the total variance of the investment as investment risk.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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