Employee theft and poor inventory control are equally likely

Assignment Help Basic Statistics

Reference no: EM13157657

The chief of security for the Mall of the Dakotas was directed to study the problem of missing goods. He selected a sample of 100 boxes that had been tampered with and ascertained that for 60 of the boxes, the missing pants, shoes and so on were attributed to shoplifting. For 30 other boxes employees had stolen the goods, and for the remaining 10 boxes he blamed poor inventory control. In his report to the mall management, can he say that shoplifting is twice as likely to be the cause of the loss as compared with either employee theft or poor inventory control and that employee theft and poor inventory control are equally likely? Use the .02 significance level.

Reference no: EM13157657

Questions Cloud

Conclude that cream will improve skin of more women : Do the data provide sufficient evidence to conclude that the cream will improve the skin of more than 50% of women? Test using α=0.05 and the p-value method.

How many moles of oxygen are required : If 4.50 moles of ethane, C2H6 undergo combustion,according to the unbalanced equation C2H6+O2--> CO2+H2O, how many moles of oxygen are required?

What is the social optimum quantity and price : what is the social optimum quantity and price. If the government uses a tax to get producers to internalize the externality what is the net price recieved by producers

How many grams of are cah2 needed : How many grams of CaH2 (Molar Mass = 42.1 g/mol)are needed to generate 16.0 L of H2 gas if the pressure of H2 is 729 torr at 21.0°C?

Employee theft and poor inventory control are equally likely : Employee theft or poor inventory control and that employee theft and poor inventory control are equally likely? Use the .02 significance level.

Proceeds to acquire a luxury automobile : Ted, who is single, owns a personal residence in the city. He also owns a condo near the ocean. He uses the condo as a vacation home. In March, 2000 he borrowed $50,000 on a home equity loan and used the proceeds to acquire a luxury automobile. Du..

Acceptable,married, misses deadlines : John 84,000 5 Acceptable, Married, misses deadlines many dependents Gord 72,000 2 Outstanding, Single, no dependents pushy, suggestions

Probability-average length of steel sheet : The population of lengths of aluminum - coated steel sheets is normally distributed with a mean of 30.05 inches and a standard deviation of 0.3 inches. What is the probability that average length of a steel sheet from a sample of 9 units is more t..

What is the new pressure in the bicycle tire : A bicycle tire is filled with air to a pressure of 95.0 psi at a temperature of 19 degrees celcius. Riding the bike on asphalt on a hot day increases the temperature of the tire to 58 degrees celcius. The volume of the tire increases by 4.0%. What..

User Account

All Pages