Describe conduct a goodness-of-fit test analysis, Operation Management

Assignment Help:

A survey performed by Simmons Market Research investigated the percentage of individuals in various age groups who indicated they were willing to pay more for environmenlal.ly friendly products. The results were presented in USA Today Snapshots (July 21, 2005). The survey had approximately 3,240 respondents in each age group. Results of the survey follow:

Age Group 18-24 25-34 35-44 45-54 55-64 65and over

Percentage 11 17 19 20 14 19

Conduct a goodness-of-fit test analysis to determine if the proportions of individuals willing to pay more for environmenlal.ly friendly products in the various age groups are equal. Use a significance level of 0.01.


Related Discussions:- Describe conduct a goodness-of-fit test analysis

Describe under what conditions purchase the new equipment, Assume that you ...

Assume that you are offered a new piece of equipment for $10,000. The equipment will produce 10,000 units per year with a margin of $6.00 per unit. Demand for the product being pro

Are service operation different from manufacturing operation, Q: Are servic...

Q: Are service operations different from manufacturing operations?  Ans: The immediate answer is yes. However, if we categorise operating systems by one of the variables mention

Explain activity would be reduced, You will find that some resources are la...

You will find that some resources are labor-based while others are not. For example, let's say you had one person initially scheduled for a job and it was going to take ten days. L

Explain divisions of labour are appropriate, Draw an organizational chart o...

Draw an organizational chart of the business school or college that you attend. Outline its major roles and functions. How differentiated is it? Do you think the distribution of au

Define the supply management''s heightened concern, Discuss the supply mana...

Discuss the supply management's heightened concern for future acquisition needs - for example, capital equipment acquisition, supplies contract, standard commodity, etc.

What are long-term, What are long-term, departmental and Non-Economic decis...

What are long-term, departmental and Non-Economic decisions? If long term decisions, the time period covered is long and the risk included is more. Departmental decisions rela

Describe shared storage policies and list example, Define shared storage po...

Define shared storage policies and list example that it is practice in real life?

Responsibilities of operation manager, Operations Management Activities - R...

Operations Management Activities - Responsibilities of Operations Managers The nature and responsibility of operations managers is changing. Once operations or production mana

Define how communicate this decision to your employees, Case Study: Social ...

Case Study: Social Media Policies, Concerted Activity and HR Management In the last few years, companies have begun initiating and implementing Social Media policies for their e

Write Your Message!

Captcha
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