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A Shoe manufacturing company designs a new shoe (Brand A) and it wanted to compare its fit with that of the leading brands in the market Nike and Reebok. 27 Customers were asked to try one of the brands and rate its comfort which was measured on 1 (bad) to 9 (good) scales. The new shoe will be introduced only if it is preferred over the other 2 brands. The scores are given below:
Nike Reebok Brand A
7 4 3
5 6 5
8 7 8
7 8 5
5 4 9
6 6 7
8 3 8
5 7 5
7 6 6
H (1): Is Brand A preferred over Nike?
H (2): Is Brand A preferred over Reebok?
The CEO of supermarket 'Taste' thinks of opening a branch in another shopping mall in Hong Kong. But before that he wants to study the consumer's preference for a particular store based on the variety of items sold in that store. He would compare his store with the leading supermarket chains like PNS and Welcome in a study in which 30 consumers participate. They are given a questionnaire which listed the variety of products sold in a particular departmental store for different item categories and asked them to rate their preference for that store which was measured on a 10 pointer scale, 1 (less preferred) and 10 (more preferred). These are then averaged for a single consumer and are given below in a table.
PNS Welcome Taste
3 4 6
4 6 7
6 5 4
7 4 8
8 3 9
9 6 4
6 8 5
7 6 4
6 4 7
5 8 7
The CEO will open a branch only if consumers prefer 'Taste' departmental store over PNS and Welcome. What will be his decision?
The dataset also contains a variable y , which is the dependent variable of interest, as well as x1 , x2 , x3 , x4 , x5 , and x6 , all explanatory variables that are potentially
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1. Stock A and B have the following probability distributions: ECONONOMY PROBABILITY K(A) K(B) Boom
in Balance Sheet
What is it that created the numerical relationship between a chi square test and a z test?
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Anna is considering investing $150,000 by dividing it into three investments. But she is not sure how much to put in each one. The first investment is known to follow a uniform dis
Capital grants Grants that are restricted for the acquisition: structure: renewal of capital assets associated with an accurate program, Refer to GRANTS & OPERATING GRANTS
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