Solution-President of amalgamated retailers international

President of amalgamated retailers international

Reference no: EM132000218

The president of Amalgamated Retailers International, Samiha Peterson, has asked for your assistance in studying the market penetration for the company's new cell phone. You are asked to study two markets and determine if the difference in market share remains the same. Historically, in market 1 in western Poland, Amalgamated has had a 30% market share. Similarly, in market 2 in southern Austria, Amalgamated has had a 35% market share. You obtain a random sample of potential customers from each area. From market 1, 258 out of a total sample of 800 indicate they will purchase from Amalgamated. From market 2, 260 out of 700 indicate they will purchase from Amalgamated.

[a] Using a probability of error , test the hypothesis that the market shares are equal versus the hypothesis that they are not equal (market 2 - market 1).

[b] Using a probability of error , test the hypothesis that the market shares are equal versus the hypothesis that the share in market 2 is larger.

Reference no: EM132000218

Questions Cloud

Why are the poles and slightly lower latitudes so cold : Why are the poles and slightly lower latitudes so cold in the summertime when they receive almost 24 hours of daylight? I know the earth travels around the sun.

What are the two dollar amounts : What are the two dollar amounts, equidistant from the mean of $30, such that 90% of all customer purchases are between these values?

How would you respond to this type of scenario : Should you negotiate with this individual? Why? Discuss the type of risks that this type of threat would pose to the airport patrons?

Portfolio should be invested in treasury bills : What percentage of the portfolio should be invested in Treasury bills?

President of amalgamated retailers international : The president of Amalgamated Retailers International, Samiha Peterson, has asked for your assistance in studying the market penetration for the company

Explain the type of fictional public organization : You have been solicited to conduct a performance evaluation for a public organization that has been corrupted over issues of personnel embezzling funds.

Write down recent real example of trading strategy : Write down a recent real example of a trading strategy. Then talk a little about current market.

Discuss potential sources of the toxins in your environment : Activity - Toxins in the Body: List some of the toxins that persist in the human body, and the potential sources of those toxins in your environment.

What should liver show for diluted eps for the year : The stock price of Liver varied between $26 and $49 over the year (closing at $40), with an average of $38 over the year. What should Liver show for diluted eps

User Account

All Pages

President of amalgamated retailers international

Reference no: EM132000218

Reference no: EM132000218

Questions Cloud

Reviews

Write a Review

Basic Statistics Questions & Answers

Statistics-probability assignment

What is the least number

Determine the value of k

What is the probability

Binomial distributions

Caselet on mcdonald’s vs. burger king - waiting time

Generate descriptive statistics

Sampling variability and standard error

Estimate the population mean

Conduct a marketing experiment

Find out the probability

Linear programming models

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT