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

Explain type of franchise network, Why is it that small businesses like Col...

Why is it that small businesses like Cold Stone Creamery are at a disadvantage as they pursue non-Web-based international expansion strategies? What other international markets is

Explain management efforts and employee involvement, The decline in union m...

The decline in union membership has been mainly attributed to what four factors? Answer (1) Change in economy, employee involvement, human resources practices, and government regul

How is capacity management important in the organisation, How is capacity m...

How is capacity management important in the organisation? Capacity management: Capacity management is a procedure which seeks to make sure that the organisation can contr

Explain toyota and the recalls, Discuss why organizations need to have the ...

Discuss why organizations need to have the correct performance metrics to drive quality. Think of examples in the news and their outcomes. For example: • Toyota and the recalls • B

Explain managers have satisfied when making these decisions, To what extent...

To what extent do you think Verwaayen and other top managers have satisfied when making these decisions?

Define the worshiping of a deity is required, the worshiping of a deity is ...

the worshiping of a deity is required in order for a belief to be considered a religion.

Discuss the business model and strategy have evolved, Discussion is about D...

Discussion is about Dell Computer's business strategy in the increasingly competitive PC market. For this discussion, research the company and its business strategy and answer the

Explain research process to start searching for participants, When is the b...

When is the best time in the research process to start searching for participants?

Operation Management, A paper mill produces two grades of paper viz., X and...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Describe how this affect the subsequent bid, Lamda Computer Products compet...

Lamda Computer Products competed for and won a contract to produce tow prototype units of a new type of computer that is based on laser optics rather than on electronic binary bits

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