Food for Fork Case Study by Tony Mayer 1. Is the average amount that people are willing to pay for an entrée less than the forecast value of $19? 2.1. Null and alternate hypotheses H0: Average amount people are willing to pay for entrée = $19 HA: Average amount people are willing to pay for entrée < $19 2.2. Statistical technique chosen to test the hypothesis One sample t-test 2.3. Summary of the nature (characteristics) of the test selected 2.4. SPSS Test One-Sample Statistics | | N | Mean | Std. Deviation | Std. Error Mean | What would you expect an average evening meal to be priced? | 400 | $19.2300 | $7.55943 | $0.37797 | One-Sample Test | | Test Value = 19 | | t | df …show more content…
The mean preference for elegant décor (3.64) is higher than the mean preference for simple décor (2.26). The mean difference (-1.380) was statistically significant (p-value=0.000). Therefore we can reject the null hypothesis and accept the alternative. 4.27. Non-statistical interpretation There is a difference between décor preferences. There is a higher preference for elegant décor. 4. Is there a difference in the mean amount spent in restaurants each month across people with different marital status? If the groups are different, which category (or categories) of material status spend the most? 5.28. Null and alternate hypotheses H0: Single mean spent = Married mean spent = Other mean spent HA: At least one is different 5.29. Statistical technique chosen to test the hypothesis One-way ANOVA 5.30. Summary of the nature (characteristics) of the test selected 5.31. SPSS Test Descriptives | How many total dollars do you spend per month in restaurants (for your meals only)? | | N | Mean | Std. Deviation | Std. Error | 95% Confidence Interval for Mean | Minimum | Maximum | | | | | | Lower Bound | Upper Bound | | | Single | 146 | $180.8904 | $30.42280 | $2.51781 | $175.9141 | $185.8668 | $101.00 | $240.00 | Married | 175 | $232.6114 | $29.87614 | $2.25842 | $228.1540 | $237.0689 | $174.00 | $301.00 | Other
Question 2: What is it about the two situations that prompts me to use different styles?
One of the emerging and ever growing trends in many of today’s restaurant scene has chefs utilizing local farms to gather the freshest ingredients that are available, with specific focus on what is locally grown. According to a recent issue of Bon Appetite Magazine, many of the “Hot 10 Restaurants” in the US utilize local organic gardens and base their nightly menus on what is in season, humanely raised, and often times sustainably grown. Chefs are creating menus that change with the season; some even change offerings daily to highlight produce picked in a garden at 9am to be served with fish caught that same day. In the quest to find the new, restaurants are embracing local, seasonal dishes so fresh you can taste each individual herb and spice. This growing trend is taking hold in places from fine dining restaurants to your neighborhood, casual dining spot.
15) Refer to the table. What is the average number of customers waiting to be served?
I conducted a survey, asking 20 females and 20 males their favorite food group for my AP Statistics project. I surveyed on Wednesday, September 27 and on Thursday, September 28 at Marshall High School. They chose from protein, grain, vegetables, fruit, and dairy. From the data, I found that 10 males and 2 females liked protein best, 3 males and 2 females liked grains best, 1 male and 1 female liked vegetables best, 3 males and 13 females liked fruit best, and 3 males and 2 females liked dairy best. Half of the males liked protein best, while most females liked fruits best. The least amount of both males and females liked vegetables. From this data, we can see that males like protein more than females do, and females like fruit more than males
Joel has done excellent work with all of the topics we’ve studied. He missed quite a few days of school this semester, but managed to keep up with the material very well. Joel has a very organized and methodical approach to his work. His serious attitude makes him a good candidate for taking on the challenge of AP Statistics next year. I look forward to working with Joel the rest of the semester.
Question 35 Suppose a basket of goods and services has been selected to calculate the consumer price index (CPI) and 2002 has been chosen as the base year. In 2002, the basket’s cost was $76.00; in 2004, the basket’s cost was $79.50; and in 2006, the basket’s cost was $85.00. The value of
a. What are the estimated sales for the Bryne store, which has four competitors, a
Age, income, length of labor, weeks to return to work and number of hours working each week. The experimental group with 32 subjects had a mean of 26.72 and the control group with 35 subjects of 26.89. Income of the experimental group was a mean of $35, 675 with 30 subjects while the control group was $41,450 with 34 subjects. The number for the
First, state whether blood pressure in Table 2A would be a continuous variable or a discrete variable. Explain. Then supposing that the number of women in each of groups (non-users and users) were identified, would the number of women in each category be a continuous variable or a discrete variable? Explain.
Income level (question H16) - “We would like to know in what group your household is. Please select the appropriate number, counting all wages, salaries, pensions and other incomes that come in.” responses range from 1 (lowest income group) to 10 (highest income group).
Started up on a new stone Going from Africa to Mexico You must be stuck on a force field Feeding all the hungry Now you on the road to travel Wishing that someone's helpful That hunger is the miracle We need to help them right now Had a couple pounds of rice and cash With hungry people ahead Seen the people run over Thanked us from hearts and gave grace They gave us hope Showed us that life is living for With lots of people ahead
3. Refer to the monthly sales forecasts given in the first Table. Assume that these amounts are realized and that the firm’s customers pay exactly as predicted.
The gathered data contains demographics and economics of the trading zones, and size, composition and sales of the store. There is a total of 13 major categories of variables including population (%black, % Spanish speaking), total population , family income (in $1,000s: 0-10, 10-14, 14-20, 20-30, 30-50, 50-100, >100), average family size, median yearly income, median rent per month, median home
Best Foods Company is a multinational worldwide food company whose vision is “To be the Best International Food Company in the World.” (p.713) Best Foods set out to make some serious strides in diversifying their organization. However, there were three key diversity challenges facing them. First is that the company has very few women who have been on the career path that leads them to executive level position. This unfortunately was due to past practices. Best Foods top 150 senior managers were mostly made up of older males predominately white. At the time that Best Foods sought to change there was only one women and she was a general manager. With the lack of skill level and job experience one of the first
b. It uses the psychographic segmentation in the social class basis as it targets the upper middles and the upper upper class. Moreover, it targets people with modern lifestyle, they want everything easily and quickly, that they buy packaged milk rather than buying loose milk that takes a lot of time to be ready for drinking.