Probability-marketing person selected direct sales-sales rep

Assignment Help Basic Statistics
Reference no: EM131670914

Question: Pitney Bowes surveyed 302 directors and vice presidents of marketing at large and midsized U.S. companies to determine what they believe is the best vehicle for educating decision makers on complex issues in selling products and services. The highest percentage of companies chose direct mail/catalogs, followed by direct sales/sales rep. Direct mail/catalogs was selected by 38% of the companies. None of the companies selected both direct mail/catalogs and direct sales/sales rep. Suppose also that 41% selected neither direct mail/catalogs nor direct sales/sales rep. If one of these companies is selected randomly and their top marketing person interviewed about this matter, determine the following probabilities:

a. The marketing person selected direct mail/catalogs and did not select direct sales/sales rep.

b. The marketing person selected direct sales/sales rep.

c. The marketing person selected direct sales/sales rep given that the person selected direct mail/catalogs.

d. The marketing person did not select direct mail/ catalogs given that the person did not select direct sales/sales rep.

Reference no: EM131670914

Questions Cloud

Identify the consequences of the actions taken : In writing a paper about each problem, identify the consequences of the actions taken, and then determine whether the actions taken represented a greater good.
Advantages of a parallel development process : What are some advantages and disadvantages of a parallel development process - What obstacles might a firm face in attempting to adopt a parallel process
Describe the evolutionary perspective for finding a mate : Describe the evolutionary perspective for finding a mate. How have things changed and how have they stayed the same with regard to mate selection?
Run an analysis perform evaluation and capture the results : For each study the general procedure is to: Run an analysis, perform evaluation, and capture the results
Probability-marketing person selected direct sales-sales rep : Pitney Bowes surveyed 302 directors and vice presidents of marketing at large and midsized U.S. companies to determine what they believe is the best vehicle.
Locate a news article describing an act of altruism : Locate a news article describing an act of altruism. Write word paper in which you analyze the act of altruism.
Probability of the company uses flexible work arrangements : If a company is randomly selected, determine the following probabilities: The company uses flexible work arrangements or gives time off for volunteerism.
What underlying message about sexuality did program present : What underlying message or stereotype about sexuality did the program present? Did it presents its message or stereotype visually or verbally?
Explanations for gender differences in aggressiveness : Given the implications of this theory, what do you suggest for reducing aggression in our society?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Information about lpp using excel solver

Benz-Merc Cars produces four classes of cars: subcompact, compact, intermediate and luxury. BM also produces trucks and vans. Vendor capacities limit total production capacity to at most 1.2 million vehicles per year.

  What is the probability of obtaining two tails in a row

what is the probability of obtaining two tails in a row when flipping a

  Probability-the third question is first one you get right

Assuming you are operating at the 70% level and the instructor arranges questions randomly.

  Designing research questions-numeric hypotheses

When asked to construct numeric hypotheses, what does this entail? How does one format research questions and sub-questions?

  A confidence interval is desired for the true average

a confidence interval is desired for the true average stray-load loss u watts for a certain type of induction motor

  Find actual proportion of stopped drivers given tickets

Would this indicate that the actual proportion of stopped drivers given tickets is not equal to .88? Use a 1% significance level.

  How likely is it to observe a sample mean less than or

the sample mean0.9075 and standard deviation0.03. if the true process mean0.93 how likely is it to observe a sample

  Compute the risk of experiencing nausea for each drug

Compute the risk of experiencing nausea for each drug (separately).- The relative risk of nausea for Drug 1 compared to Drug 2.

  State of statistical control

If a process is in a state of statistical control, does itnecessarily follow that all or nearly all of the units ofproduct produced will be within the specificationlimits?

  Hypothesis that the average er wait time

Do you have enough evidence to support your hypothesis that the average ER wait time exceeds 10 minutes? You opt to conduct the test at a 5% level of significance.

  Examples of hotel functions include setting daily room rates

Examples of hotel functions include setting daily room rates, attracting events (meetings, conferences, etc.), managing hotel material, etc.

  Scores on an endurance test for cardiac patients are

scores on an endurance test for cardiac patients are normally distributed with the mean185 and standard deviation10.a.

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