Selling of averaged department store

Assignment Help Basic Statistics

Reference no: EM13105097

An averaged department store sells 350 mens suits per year. The mens suit departments at a particular national chain of stores claim they sell more than the industry average. In 35 of their stores they sold on the average 430 suits per year with a population standard deviation of 40. What is the test value for their claim?

a) 0.34

b) 2.00

c) 6.92

d) 11.83

Reference no: EM13105097

Questions Cloud

Discuss the main competitive priorities : What are the main competitive priorities? Provide some examples of how OM influences the five major types of competitive priorities.

Describe what methods are open to price products : Describe what methods are open to you to price products and factors which you must take into account in deciding on these prices.

With what speed does the car then strike the tree : The driver of a car slams on the brakes when he sees a tree blocking the road. The car slows uniformly with acceleration of -5.20 m/s2 for 4.05 s, making straight skid marks 61.0 m long, all the way to the tree. With what speed does the car then s..

Large sample confidence interval for population mean : A random sample of 56 fluorescent light bubs has a mean life of 645 hours with a standard deviation of 31 hours.

Selling of averaged department store : An averaged department store sells 350 mens suits per year. The mens suit departments at a particular national chain of stores claim they sell more than the industry average.

What is the average speed over the entire trip : A person walks first at a constant speed of 4.80 m/s along a straight line from point a to point b and then back along the line from b to a at a constant speed of 3.30 m/s. What is her average speed over the entire trip?

Describe why company want to adopt erp : Adopting an ERP (Enterprise Resource Planning) system is a key business as well as a technology decision. Why would a company want to adopt ERP?

Find the voltage drop from cathode to anode : An electron in an oscilloscope is accelerated as a result of the potential difference between the cathode and anode. The electron has negligible initial speed and a final speed of 2.40 107 m/s. Find the voltage drop from cathode to anode.

Properties present in order to use binomial distribution : What are the four properties that must be present in order to use binomial distribution? What are four properties that must be present in order to use the Poisson distribution?

User Account

All Pages