Proportion on eagle outfitters example

Reference no: EM13108486

Eagle Outfitters is a chain of stores specializing in outdoor apparel and camping gear. It is considering a promotion that involves mailing discount coupons to all its credit card customers. This promotion will be considered a success if more than 10% of those receiving the coupons use them. Before going national with the promotion, coupons were sent to a
sample of 100 credit card customers.

a. Develop hypotheses that can be used to test whether the population proportion of those who will use the coupons is sufficient to go national.

b. Use a = 0.05 to conduct your hypothesis test. Should Eagle go national with the promotion?

Reference no: EM13108486

Questions Cloud

Concluding mean waiting time and premium rate : The Internal Revenue Service (IRS) provides a toll-free help line for taxpayers to call in and get answers to questions as they prepare their tax returns.

Price floor would lead to surplus in the market : When the demand line is perfectly elastic, there is no deadweight loss after taxation and firms must not operate if the market price is less than ‘break-even' price.

Predictors of salary : Suppose you went to the Bureau of Labor Statistics web site and found several predictors of your salary. State three possible predictors and a simulated multilinear regression equation along with their p-values.

Compute the 4-point dft using step by step method : Consider the 4-point DIT FFT with samples f(0), f(1), f(2), and f(3). Compute the 4-point DFT using step by step method to show in depth the algorithm computation.

Proportion on eagle outfitters example : Eagle Outfitters is a chain of stores specializing in outdoor apparel and camping gear. It is considering a promotion that involves mailing discount coupons to all its credit card customers.

Difference between consumer products and business products : Explain the difference between consumer products and business products. Why are some products difficult to categorize as one or the other?

Find the probability of bit error : Three users share a spread-spectrum transmission link. The system performance is to be evaluated while the users are sharing the link. The code sequences for the users are chosen from the family ofWalsh-Hadamard sequences of period N=64.

Explain investor''s willingness to purchase t-bills : Suppose someone tells you that, over time, free trade is helping capitalists and harming workers. What fact would you cite to challenge this statement?

Explain the role of hormones in normal body functioning : Explain the role of hormones in normal body functioning. Evaluate the impact of the various classes of psychoactive drugs on human thought and behavior.

User Account

All Pages