Effective way to promote a new product

Assignment Help Basic Statistics
Reference no: EM132844477

A survey organization conducted telephone interviews in December 2008 in which 1,009 randomly selected adults in the United States responded to the following question.

At the present time, do you think television commercials are an effective way to promote a new product?

Of the 1,009 adults surveyed, 676 responded "yes". In December 2007, 622 of 1,020 randomly selected adults in the United States responded "yes" to the same question. Do the data provide convincing evidence that the proportion of adults in the United States who would respond "yes" to the question changed from December 2007 to December 2008?

Reference no: EM132844477

Questions Cloud

Determine the warranty period : A manufacturer is trying to determine the warranty period it will offer its customers upon buying a newly launched product.
What is the total cost of keeping the old ambulance : What is the total cost of keeping the old ambulance for one more year? Express the cash flow in terms of its future value one year from now
Describe causes of the social problem you selected : Responding to the social problems that affect the populations you serve as a social worker is only one aspect of the professional responsibility you must.
Prepare variable costing and absorption income statements : You will need to prepare variable costing and absorption income statements with one column showing the results if 30,000 units are produced
Effective way to promote a new product : A survey organization conducted telephone interviews in December 2008 in which 1,009 randomly selected adults in the United States responded to the following qu
How have vaporizers changed juvenile drug use : How have vaporizers changed juvenile drug use? Include nicotine and marijuana in your research. Have any laws been created to address vaporizers
Determine the number of different choices : Use the multiplication rule of counting to determine the number of different choices the sales representative has for the order in which to visit the cities.
Find the probability that length of randomly selected steel : A company produces steel rods. The lengths of the steel rods are normally distributed with a mean of 113-cm and a standard deviation of 1.5-cm.
At what amount should Delilah record Purchases on October : Delilah made a purchase on October 5, and received an invoice with a list price of 45,000, At what amount should Delilah record Purchases on October

Reviews

Write a Review

Basic Statistics Questions & Answers

  Approach to performance appraisal

The graphic rating scale system is a very common approach to performance appraisal. It is simple to implement and to use, but tends to be very subjective. For instance, on a scale from 1 to 5 for a certain characteristic, 4 means good.

  Population means of all samples

Assuming that each sample has a size of n= 5, test the claim using a .05 significance level, that the population means of all samples are equal.

  What value of p would make the game fair

a) Calculate P(Black wins) and P(White wins) in terms of P = b/(b + w). b) What value of p would make the game fair (equal chances of winning)?

  What are the golden nuggets of project management

What are the golden nuggets of project management? How do you implement project management in office or project?

  Give onfidence interval for variance of service time at bank

A random sample of 22 service times (in minutes) gives s-square = 8. Give a 95% confidence interval for the variance of service time at the bank.

  A life insurance company wants to estimate their annual

question 1 a loaf of bread is normally distributed with a mean of 22 oz and a standard deviation of 0.5 oz. what is the

  Find standard deviation for the distribution for survey

A recent survey by the insurance company showed the following probabilities for the number of bedrooms in each insured home. Find the standard deviation for the distribution.

  Give an example of latent learning

Give an example of latent learning. It can be based on experimental learning or even based on what is going on in our society today

  The market price for a certain product is 5 per unit and

the market price for a certain product is 5 per unit and occurs when 14000 units are produced. at at price of 1 no

  The optimal production schedule that satisfies the monthly

Suppose that production planning is to be done for the next 5 months, where the respective demands are r1 = 2, r2 = 4, r3 = 2, r4 = 2, and r5 = 3.

  Data points fall on the diagonal line

In statistics, How would you interpret the direction of the line in which all data points fall on the diagonal line? for correlation.

  Determine the probability of finding more requests

Determine the probability of finding 14 or more requests like this if the VP's assertion is correct. Do you believe that the proportion of customers requesting.

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