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Q1: To decide whether or not to proceed developing a health food concept, a company carried out a concept test. The company decided it will 'go' with the concept only if the 'top box' (i.e. Definitely will buy) score is greater than 40%. The concept was tried out by 240 potential consumers and 108 of them checked the 'Definitely will buy' box. Should the company go ahead with the concept? Show details of your work.
Q2: To decide whether to target desktop owners or laptop owners, a start-up software company wanted to find out which the two groups is more likely to prefer Windows 10 installed in their system. A survey of 36 desktop owners show that 22 of them want to have Windows 10. Of the 44 laptop owners interviewed, 25 indicated that they want to have Windows 10. Should desktop/laptop ownership be a good basis of targeting? Show details of your work.
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..
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?
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
MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?
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
Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.
Problems on Sampling Variability and Standard Error and Confidence Intervals
Estimate the population mean
Conduct a marketing experiment in which students are to taste one of two different brands of soft drink
Find out the probability
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