Why it may give useful information about the population

Assignment Help Basic Computer Science

Reference no: EM131035421

Sampling at the mall. A market researcher chooses at random from women entering a large suburban shopping mall. One outcome of the study is a 95% confidence interval for the mean of "the highest price you would pay for a pair of jeans."

(a) Explain why this confidence interval does not give useful information about the population of all women.

(b) Explain why it may give useful information about the population of women who shop at large suburban malls.

Reference no: EM131035421

Questions Cloud

What do you conclude about male hotel managers : What is the P-value for your z? What do you conclude about male hotel managers? 15.3

Government to acquire private property for public use : Eminent Domain is the doctrine that allows the government to acquire private property for public use. Although the government is required by the 5th and 14th amendments to pay the owner of the property "just compensation," is government use of the do..

Accounting information systems : In reading Appendix A of this chapter, you may have been struck by the fact much governmental accounting information (GAI) software systems appear to be incapable of handling the full reporting requirements of a government of a governmental entity. A..

Problem regarding the free-programming : The new competition has even started giving away free music as part of its attraction. In addition, network television has beefed up its "free-programming" with no monthly fee. Spent-Flix is experiencing a downturn in the market share and needs a..

Why it may give useful information about the population : Explain why it may give useful information about the population of women who shop at large suburban malls.

International business management assignment : Environment checking is a vital piece of global business." Explain your perspectives on this announcement and examine what components should be filtered."

They attempt to better diversify their employee population : If you have a diverse customer base, it would seem logical that you have a diverse workforce who can better understand the customers which they serve. However, integrating the workforce has brought challenges to some organizations. Discuss at least 5..

Responsible for unemployment : Should companies be responsible for unemployment caused by their information systems? Why or why not?

Value of simulations as a learning tool : Introduction: Indicate scope and direction of the report (approx 200 words) Section One: discusses the value of simulations as a learning tool. With direct reference to the Issues encountered (approx 500) during Everest

User Account

All Pages