BASIC BUSINESS STATISTICS-STUD.SOLN.MAN
14th Edition
ISBN: 9780134685045
Author: BERENSON
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Videos
Textbook Question
Chapter 12, Problem 15PS
Business sensor technology provides a way for companies to learn about their customer, employees, and operations, data captured from sensors can be used to improve engagement, sales, productivity, safety, and much more. A
Suppose these results were based on 500 business and IT executives in each of the five industries: Automotive; Energy, Utilities, and Mining; Hospitality and Leisure; Industrial Products; and Retail and Consumer.
a. At the 0.05 level of significance, is there evidence of a difference among the industries with respect to the proportion of executives that say their companies are currently investing in business sensor technology?
b. Compute the p-Value and interpret its meaning.
c. If appropriate, use the Marascuilo procedure and
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
A study of the career plans of young women and men sent questionnaires to all members of the senior class in a College of Business Administration at the University of Illinois. One question asked which major within the business program the student had chosen. Another question asked about their job status, whether they worked full-time (40+ hours/week) or part-time (<40 hours/week). Here are the data from the students who responded.
accounting
administration
economics
total
work full time
68
91
5
164
work part time
56
40
6
102
total
124
131
11
266
The expected number of responses were tabulated as the following:
accounting
administration
economics
total
work full time
76.45
80.77
6.78
164
work part time
47.55
50.23
4.22
102
total
124
131
11
266
Conduct a χ2 test at α = .005 to determine if the job status of the students is independent of their choice of major.
On all hypothesis test: 1) clearly state the null and alternative hypotheses; 2) sketch a graph…
According to you which is the best method of collecting data for a social research - Interview or Focus Group?
A global study surveyed information security professionals regarding trends and issues affecting their profession and careers. In the study, women were asked about their impact on the security posture of their
organization. The study found that 24% of women indicated that their opinions are not valued When comparing women who did not feel valued and women who did feel valued, the most substantial difference
concerned training and leadership programs. The study also found that 48% of women that feel undervalued say their organization does not provide adequate training and leadership development resources
whereas 59% of women who do feel valued in their position indicate that their organization does provide adequate training and leadership development resources If a woman is selected at random and that
woman indicates that her organization does not provide adequate training and leadership development resources, what is the probability that this woman feels undervalued?
The probability is…
Chapter 12 Solutions
BASIC BUSINESS STATISTICS-STUD.SOLN.MAN
Ch. 12 - Determine the critical value of 2 with 1 degree of...Ch. 12 - Determine the critical value of 2 with 1 degree of...Ch. 12 - Use the following contingency table: a. Compute...Ch. 12 - Use the following contingency table: a. Compare...Ch. 12 - An lpsos poll asked 1,004 adults “If purchasing...Ch. 12 - Prob. 6PSCh. 12 - Prob. 7PSCh. 12 - The Society for Human Resource Management (SHRM)...Ch. 12 - What Social media tools do marketers commonly use?...Ch. 12 - Docs co-browsing have positive effects on the...
Ch. 12 - Consider a contingency table, with two rows and...Ch. 12 - Use the following contingency table: a. Compute...Ch. 12 - Use the following contingency table: a. Compute...Ch. 12 - How common are financial cost or contractual...Ch. 12 - Business sensor technology provides a way for...Ch. 12 - Prob. 16PSCh. 12 - Repeat (a) and (b) of Problem 12.16, assuming that...Ch. 12 - Prob. 18PSCh. 12 - The MSCI 2016 Survey of Women of Boards Survey...Ch. 12 - Prob. 20PSCh. 12 - Prob. 21PSCh. 12 - Prob. 22PSCh. 12 - A Gallup survey across generations of workers...Ch. 12 - How often do Facebook users post? A study by the...Ch. 12 - What makes sales leaders tick? Mercuri...Ch. 12 - PwC takes a closer look at what CEOs are looking...Ch. 12 - Using Table E.6, determine the lower-and...Ch. 12 - Using Table E.6, determine the lower-tail critical...Ch. 12 - Prob. 29PSCh. 12 - Prob. 30PSCh. 12 - Prob. 31PSCh. 12 - Prob. 32PSCh. 12 - From Problem 12.32 , at the 0.05 level of...Ch. 12 - In Problems 12.32 and 12.33, what is your...Ch. 12 - A vice president for marketing recruits 20 college...Ch. 12 - Prob. 36PSCh. 12 - Is there a difference in the satisfaction rating...Ch. 12 - The management of a hotel has the business...Ch. 12 - Prob. 39PSCh. 12 - Brand valuations are critical to CEOs, financial...Ch. 12 - A bank with a branch located in a commercial...Ch. 12 - Prob. 42PSCh. 12 - Prob. 43PSCh. 12 - Prob. 44PSCh. 12 - A pet food company has the business objective of...Ch. 12 - A hospital conducted a study of the waiting time...Ch. 12 - Prob. 47PSCh. 12 - An advertising agency has been hired by a...Ch. 12 - Prob. 49PSCh. 12 - The more costly and time consuming it is to export...Ch. 12 - Prob. 51PSCh. 12 - Prob. 52PSCh. 12 - Prob. 53PSCh. 12 - Prob. 54PSCh. 12 - Prob. 55PSCh. 12 - Prob. 56PSCh. 12 - Prob. 57PSCh. 12 - Prob. 58PSCh. 12 - Prob. 59PS
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- air travelers now use e-tickets. Electronic ticketing allows passengers to not worry about a paper ticket, and it costs the airline companies less to handle than paper ticketing However, in recent times the airlines have received complaints from passengers regarding their e-tickets, particularty when connecting flights and a change of airlines were involved. To investigate the problem, an independent watchdog agency sample of 20 airports and collected information on the number of complaints the airport below.arrow_forwardA researcher wants to analyse whether there is a relationship between country of origin of International students in Sydney and the suburb they currently live in. Suggest data collection approach for the researcher.arrow_forwardplease help me answer this for my data analysis classarrow_forward
- An entrepreneur owns 20 corporations, each with more than $10 million in assets. The entrepreneur consults the U. S. Internal Revenue Data Book and discovers that the IRS audits 20% of businesses of that size. On average how many of this entrepreneur's corporations do you expect will be audited. You can assume that all 20 corporations are independent. You do not need any knowledge about the IRS. Use probably and statistics.arrow_forwardSuppose you wanted to create an index for rating the quality of colleges and universities. What are three data items that might be included in such an index?arrow_forwardHow does the racial composition of American society (white-77%, Black-13%, Hispanic-17%) compare to the racial composition of Death Row inmates? How does each region in the United States compare regarding the number of executions? What social factors or social factors could be used to explain why certain geographic regions of society have higher execution rates? What variable or social factor is missing from the Death Penalty Information Online fact sheet that could explain the disproportionate representation of African-Americans on death row? Why is this variable important in understanding the broader picture of death row incarceration? Compare the support for a life sentence without parole with the support for the death penalty. Were you surprised? Why? Which theoretical perspective (structural-functionalist, symbolic-interactionist, conflict, or feminist) discussed in chapter seven (deviance) could you use to explain the disparity of African-Americans, minorities, and poor people on…arrow_forward
- Most engaged couples expect or at least hope that they will have high levels of marital satisfaction. However, because 54% of first marriages end in divorce, social scientists have begun investigating influences on marital satisfaction. Suppose a social psychologist sets out to look at the role of sexual orientation in relationship longevity. He decides to measure marital satisfaction in a group of homosexual couples and a group of heterosexual couples. He chooses the Marital Satisfaction Inventory, because it refers to “partner” and “relationship” rather than “spouse” and “marriage,” which makes it useful for research with both traditional and nontraditional couples. Higher scores on the Marital Satisfaction Inventory indicate greater satisfaction. There is one score per couple. Assume that these scores are normally distributed and that the variances of the scores are the same among homosexual couples as among heterosexual couples. The psychologist thinks that homosexual couples…arrow_forwardTony Zamora, a real estate investor, has just moved to Clarksville and wants to learn about the local real estate market. He wants to understand, for example, the relationship between geographical segment of the city and selling price of a house, the relationship between selling price and number of bedrooms, and so on. Tony has randomly selected 25 house-for-sale listings from the Sunday newspaper and collected the data listed below. Garage Number of Size Bathrooms (cars) Segment of City Selling Price (5000) House Size (00 sq. ft.) Number of Bedrooms Northwest 290 21 South 95 11 Northeast 170 19 Northwest 375 38 West 350 24 4 South 125 10 2 West 310 31 4 West 275 25 3 Northwest 340 27 5 Northeast 215 22 4 Northwest 295 20 4 South 190 24 4 Northwest 385 36 5 West 430 32 5 South 185 14 3 South 175 18 4 Northeast 190 19 4 Northwest 330 29 4 West 405 33 5 Northeast 170 23 4 West 365 34 5 Northwest 280 25 4 South 135 17 3 Northeast 205 21 4 West 260 26 4 232022222NON 2233232122 a. Construct…arrow_forwardNew Zealand requires cyclists to wear cycle helmets on public roads and this is enforced with fines. Most other countries have no mandatory helmet law, and a few have a law but do not enforce it. Finland is an example of a country that has a mandatory cycle helmet law but does not enforce it. A road safety researcher is interested in whether the proportion of cyclists in New Zealand do actually wear helmets is different to the proportion of cyclists in Finland who wear helmets. She has data from a survey which gives the following information: New Zealand: Of 210 New Zealand cyclists surveyed, 100 wear a helmet while cycling. Finland: Of 630 Finnish cyclists surveyed, 290 wear a helmet while cycling. Say that the true population proportion of New Zealand cyclists who wear a helmet is p1 and the true population proportion of Finnish cyclists who wear a helmet is p2. If our null hypothesis is H0: p1 - p2 = 0 and our alternative hypothesis is Ha: p1 - p2 ≠ 0, what is the z test…arrow_forward
- If there are 36 data points in a set of data, what is the number of degree of freedom?arrow_forwardWhich type of observational study is described in the problem statement?arrow_forwardAn investigator wants to assess the association between caffeine consumption and impaired glucose tolerance, a precursor to diabetes. A study is planned to include seventy participants. Each participant will be surveyed with regard to their daily caffeine consumption. In addition, each participant will submit a blood sample which will be used to measure glucose level. Identify the type of study proposed. Briefly explain why you think the study is of this type. Indicate the study type's specific strengths and weaknesses. Could the study describe be designed as a randomized clinical trial? If so, briefly outline the study design. If not, describe the barriers.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Solve ANY Optimization Problem in 5 Steps w/ Examples. What are they and How do you solve them?; Author: Ace Tutors;https://www.youtube.com/watch?v=BfOSKc_sncg;License: Standard YouTube License, CC-BY
Types of solution in LPP|Basic|Multiple solution|Unbounded|Infeasible|GTU|Special case of LP problem; Author: Mechanical Engineering Management;https://www.youtube.com/watch?v=F-D2WICq8Sk;License: Standard YouTube License, CC-BY
Optimization Problems in Calculus; Author: Professor Dave Explains;https://www.youtube.com/watch?v=q1U6AmIa_uQ;License: Standard YouTube License, CC-BY
Introduction to Optimization; Author: Math with Dr. Claire;https://www.youtube.com/watch?v=YLzgYm2tN8E;License: Standard YouTube License, CC-BY