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- In a study of the domestic market share of three major automobile manufacturers A, B and C in a certain country, it was found out that of the customers who bought a car manufactured by A, 75% would again buy a car manufactured by A, 15% would buy a car manufactured by B and the rest wouldbuyacarmanufacturedbyC.OfthecustomerswhoboughtacarmanufacturedbyB,90% would again buy a car manufactured by B, 5% would buy a car manufactured by A and the rest would buy a car manufactured by C. Of the customers who bought a car manufactured by C, 85% would again buy a car manufactured by C, 5% would buy a car manufactured by A and the rest would buy a car manufactured by B. Required Justify the long run market share of the manufacturersIn a study of the domestic market share of three major automobile manufacturers A, B and C in a certain country, it was found out that of the customers who bought a car manufactured by A, 75% would again buy a car manufactured by A, 15% would buy a car manufactured by B and the rest would buy a car manufactured by C. Of the customers who bought a car manufactured by B, 90% would again buy a car manufactured by B, 5% would buy a car manufactured by A and the rest would buy a car manufactured by C. Of the customers who bought a car manufactured by C, 85% would again buy a car manufactured by C, 5% would buy a car manufactured by A and the rest would buy a car manufactured by B. Required The long run market share of the manufacturersCollege X wanted to know if their student body was changing its educational make up. In 2009, College X believed that their students could be divided as follows: Education Breakdown Not a HS grad 16.00% HS grad 32.00% Some College 18.00% Associate's Degree 8.00% Bachelor's Degree 17.00% Above Bachelor's 9.00% In 2017, College X randomly polled 500 of their students and observed the new data: Education Frequency Not a HS grad 72 HS grad 159 Some college 85 Associate's degree 44 Bachelor's Degree 92 Above Bachelor's 48 Is the educational make up of the College changing? Also, what should be used? confidence intervals z-score cause/correlation/regression or Chi-Squared hypothesis tests
- The management of Discount Furniture, a chain of discount furniture stores in the Northeast, designed an incentive plan for salespeople. To evaluate this innovative plan, 12 salespeople were selected at random, and their weekly incomes before and after the plan were recorded. Salesperson Before After Sid Mahone $ 320 $ 340 Carol Quick 290 285 Tom Jackson 421 475 Andy Jones 510 510 Jean Sloan 210 210 Jack Walker 402 500 Peg Mancuso 625 631 Anita Loma 560 560 John Cuso 360 365 Carl Utz 431 431 A. S. Kushner 506 525 Fern Lawton 505 619 Hint: For the calculations, assume the "Before" data as the first sample. Click here for the Excel Data File State the decision rule for 0.05 significance level: H0: μd ≥ 0 and H1: μd < 0. (Negative values should…The management of Discount Furniture, a chain of discount furniture stores in the Northeast, designed an incentive plan for salespeople. To evaluate this innovative plan, 12 salespeople were selected at random, and their weekly incomes before and after the plan were recorded. Salesperson Before After Sid Mahone $ 320 $ 340 Carol Quick 290 285 Tom Jackson 421 475 Andy Jones 510 510 Jean Sloan 210 210 Jack Walker 402 500 Peg Mancuso 625 631 Anita Loma 560 560 John Cuso 360 365 Carl Utz 431 431 A. S. Kushner 506 525 Fern Lawton 505 619 Hint: For the calculations, assume the "Before" data as the first sample. State the decision rule for 0.05 significance level: H0: μd ≥ 0 and H1: μd < 0. (Negative amount should be indicated by a minus sign. Round your answer…Based on sales over a six-month period, the five top-selling compact cars are Chevy Cruze, Ford Focus, Hyundai Elantra, Honda Civic, and Toyota Corolla.† Based on total sales, the market shares for these five compact cars were Chevy Cruze 24%, Ford Focus 21%, Hyundai Elantra 20%, Honda Civic 18%, and Toyota Corolla 17%. Suppose a sample of 400 compact car sales in one city showed the following number of vehicles sold. Chevy Cruze 108 Ford Focus 92 Hyundai Elantra 65 Honda Civic 83 Toyota Corolla 52 Use a goodness of fit test to determine if the sample data indicate that the market shares for the five compact cars in this city are different than the market shares reported by Motor Trend. Use a 0.05 level of significance. State the null and alternative hypotheses. H0: The market shares for the five automobiles in this city are 0.24, 0.21, 0.20, 0.18, 0.17.Ha: The market shares for the five automobiles in this city differ from the above shares.H0: The market shares…
- Hillary and Adams, Inc., is a privately owned firm located in Atlanta that serves as the regional distributor of natu-ral food products for Georgia, Kentucky, North Carolina, South Carolina, and Tennessee. They are particularlywell known for their unique blend of fiery hot Habanera sauces. Every week, a truck leaves the large distributioncenter in Atlanta to stock local warehouses located in Charlotte, North Carolina; Charleston, South Carolina;Columbia, South Carolina; Knoxville, Tennessee; Lexington, Kentucky; and Raleigh, North Carolina. The truckvisits each local warehouse only once and returns to Atlanta after all the deliveries have been completed. Thedistance between any two cities in miles is given below John Jensen, vice president of logistics at Hillary and Adams, Inc., is worried about the rising fuel costs.With a reduction in operating budgets, he is interested in finding a route that would minimize the distance trav-eled by the truck.Use the NN heuristic to identify a…Following are the ingredients for serving five people with delicious crearry pasta sauce with asiago and smoked pepper. The table also shows the nutritional value per serving: Ingredients : +2 cup heavy cream ∗% teaspoon Kosher salt −% teaspoon cracked smoked black pepper +1 teaspoon freeze dried garlic +3 tablespoon cream cheese -3 tablespoon finely grated Asiago cheese +275gm pasta +\% cup reserved cooking water from pasta +200grn tendec, saiteed in a bit of olive oil, sait and pepper You got an order for sening 85 people in the party. Find the amount of the following ingredients required to serve 85 people with the deficious creamy pasta sauce with asiago and smoked pepper - heavy cream - Kosher salt - cracked smoked black pepper [ - treeze dried garlic - cream cheese - tnely grated Asiago cheese - Pasta - reserved cocking water from pasta - tender, sauteed in a bit of olve oil, sait and pepper You already purchased all the ingredients for serving the party of 85 people. A day…Four hundred twenty-five people were surveyed as they left the FSU-Virginia basketball game at the Tucker Center. The results were as follows: 205 attended the FSU-Marist game (M) 185 attended the FSU-Butler game (B) 185 attended the FSU-NC State game (NCS) 75 attended the Marist game and the NC State game 90 attended the NC State game and the Butler game 75 attended the Butler game and the Marist game 45 attended all three of the games Sketch a Venn diagram, save it as a pdf and attach your work. Then answer the questions below. How many attended only the FSU-Butler game? How many did not attend the Marist, Butler, or North Carolina State games? How many attended at least two of these games? How many attended the Marist and Butler games, but not the North Carolina State game? How many attended the North Carolina State or the Butler game?
- 1. The College of Science surveys its graduating students to determine the starting salaries and the job market for the new graduates. The population of graduating students according to major is recorded as follows: BS Bio (85), BSM- CS (102), BSM- BA (78), and BSM- AS (75). If you would like to select 100 samples, how large must a sample be for each major using proportionate allocation? 2. The event organizer plans to give 9 complimentary tickets to the presidents of the school organizations so they can attend the upcoming event for free. Since the tickets will be given only to 9 out of 50 presidents, the event organizer decided to choose a systematic random sampling procedure. Determine k (sampling interval). Let the random start be at number three (3). List the number of the first three samples.Here are data for 15 subway systems in the United States and Puerto Rico Heavy Urban Rapid Rail Systems in the U.S. System Length (Miles) Index Number of Stations Index NYC Subway 245.0 472 Washington Metro 117.0 91 Chicago "L" 102.8 146 Massachusetts Bay Transportation Authority 38.0 53 Bay Area Rapid Transit 112.0 46 Southeastern PA Transity Authority 36.7 75 Path 13.8 13 MARTA Rail Transit 47.6 38 Metro Rail (Los Angeles) 17.4 16 Metro Rail (Los Angeles) 24.4 23 PATCO (Philadelphia, So. New Jersey) 14.2 133 Baltimore Metro Subway 15.5 14 Staten Island Railway 14.0 22 RTA Rapid Transit (Cleveland) 19.0 18 Tren Urbano (San Juan) 10.7 16 Average 55.2 78.4 Calculate index numbers for each subway system for: The length of the system in miles (Use the arithmetic mean as your base) The number of subway stations (Use the arithmetic mean as your base) c. Comment of your findingsFour hundred sixty-five people were surveyed as they left the FSU-Virginia basketball game at the Tucker Center. The results were as follows: 240 attended the FSU-Marist game (M) 200 attended the FSU-Butler game (B) 240 attended the FSU-NC State game (NCS) 90 attended the Marist game and the NC State game 80 attended the NC State game and the Butler game 100 attended the Butler game and the Marist game 30 attended all three of the games Sketch a Venn diagram and answer the questions below. How many attended at least two of these games? How many attended the Marist and Butler games, but not the North Carolina State game? How many attended the North Carolina State or the Butler game?