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MATH 534 Week 3 Quiz - Answers
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Random Sample # Consumer p x n qrt(np(1-p)). p n Mean StDev x
x / n 0. z-score 2. z Table 0.
b. Random Sample # p x n qrt(np(1-p)). 96% Consumer p n Mean StDev x 0.96 1200 1152 6.78823 1125
x / n 0.9375 0. Table A.5 -3.977476 0.
c Random Sample # 85% Consumer p n 0.85 1200 0.81 0. 81% z= -0.04 (^) -3. 0.010307764 Table Area 5 0. 84% -0. -0. 0.010307764 Table Area 5 0.
uniform distribution, the sample means will be approximately. standard deviation 15. What is the probability of observing a mean greater than 21? Agency Porter/Novelli showed that how a company handles a crisis when at fault is one of the es a crisis when at fault is an influence in their buying decisions? an influence in their buying decisions? pany handles complaints is an influence in their buying decisions?
ose back-to-college family spending on electronics is normally distributed with a standard dermally distributed with a standard deviation of $164 per hour. uted production manager might try to keep the full crew in place and not disrupt operations mean equal to or greater than 20.5? inum usage. If the population standard deviation of annual usage is 12.3 pounds, what is the nd, $20.20 for Japan, and $23.82 for the U.S. Assume that in all three countries, the s be between $30.00 and $31.00? top influences in consumer buying decisions, with 73% claiming it is an influence. Quality of p deviation of $54. If a family of a returning college student is randomly selected, what is the
. How often will this even happen, based on this historical information?
Standard deviation of hourly labor rates is $3.00. Product was the number one influence, with 96% of consumers stating that quality influences probability that: their buying decisions. How a company handles complaints was number two, with 85% of consumers reporting it as an influence in their buying decisions. Suppose a random sample of 1,200 consumers is taken and each is asked which of these three factors influence their buying decisions.