International council of shopping centers reports

Reference no: EM13338463

The international council of shopping centers reports that the average teenager spends 39 during a shopping trip to the mall. The promotions director of a local mall has used a variety of strategies to attract area teens to his mall, including live bands. He believed teen shoppers at his mall respond to his promotional efforts by shopping there more often and spending more. Mall management decides to evaluate the promotions directors success by surveying a simple random sampleof 45 local teens and finding out how much they spent on their most recent shopping vsist ot the mall. Use a sutiable hypothesis test in example whether the mean mall shopping expenditure for teens in this area might be higher than for U.S teens as a whole. Identify and interpret the p value for the test. Using the 0.025 level of significance, what conclusion do you reach

Reference no: EM13338463

Questions Cloud

What is lays market share and globalization : What are lay's chipce's target market, maketsegmentation/ variables, and relate the sementation to marketingmix? What is lay's market share and globalization ??

Interest received from the partnership firm : Does the individual partners are liable to pay taxon interest received from the partnership firm? Justify your answer in either case. A local companyhas hired services of private security guards for security of itskey management personnel. Should th..

Researcher wants to carry out hypothesis testinvolving : A researcher wants to carry out a hypothesis testinvolving the mean for a sample of size n= 18. She does not knowthe true value of the population standard deviation but isreasonably sure that the underlying population is appropriatelynormally distrib..

Responsible in the case of an injury caused : Miles purchased a lawnmowerwith an attached warning that said "The manufacturer is notresponsible in the case of an injury caused by the lawnmower." IfMiles is injured because of a defect in the mower and sues the lawnmower manufacturer, he will most..

International council of shopping centers reports : The international council of shopping centers reports that the average teenager spends 39 during a shopping trip to the mall. The promotions director of a local mall has used a variety of strategies to attract area teens to his mall, including live b..

Write a model for as function of estimator role : Write a model for E(y) as a function of estimator role. interpretfor s

Competitive analysis of the airline industry : Deregulation in 1978 totally restructured and revamped the airlineindustry. Before the industry deregulated, the airline wereassigned routes and fares and healthy profits for all competitorswere practically guaranteed.But with deregulation came the f..

Debt included in definition of profit on debt : Is exchange risk cover fee inrelation to a debt included in the definition of ‘profit on debt’?

Downsizing or rightsizing : CEO of ABC Company has observed inefficiency ofstaff members. He doesn’t want to firepeople from the company and also the objective is toincrease the efficiency rather to decreasethe cost. Some advisors advise CEO to hire more people toovercome this ..

User Account

All Pages