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Q1) In recent study, following percentages of US retail car sales were reported:
Small: 28.1%
Midsize: 47.8%
Large: 7%
Luxury:17.1%
Survey of retail sales in particular city points out that of 100 cars sold recently, breakdown was as follows:
Small: 25
Midsize: 50
Large: 10
Luxury: 15
At alpha = 0.05, is there enough evidence to conclude that proportions vary from those in the study?
Q2) The symbol illustrtaes the:
i) union of events
ii) intersection of two events
iii) sum of the probabilities of events
iv) sample space
Q3) If penny is tossed 3 times and comes up heads all 3 times, probability of heads on fourth trial is:
i) zero
ii) 1/16
iii) 1/2
iv) larger than the probability of tails
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Caselet on McDonald’s vs. Burger King - Waiting time
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Estimate the population mean
Conduct a marketing experiment in which students are to taste one of two different brands of soft drink
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