Essentials of Modern Business Statistics with Microsoft Office Excel (Book Only)
7th Edition
ISBN: 9781337298353
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
Publisher: South-Western College Pub
expand_more
expand_more
format_list_bulleted
Question
Chapter 4, Problem 4.2.7CP
To determine
To find:
The probability that a random customer Natural Peanut butter given that he/she purchases white bread.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
In the Journal of Marketing Research (November 1996), Gupta studied the extent to which the purchase behavior of scanner panels is representative of overall brand preferences. A scanner panel is a sample of households whose purchase data are recorded when a magnetic identification card is presented at a store checkout. The table below gives peanut butter purchase data collected by the A. C. Nielson Company using a panel of 2,500 households in Sioux Falls, South Dakota. The data were collected over 102 weeks. The table also gives the market shares obtained by recording all peanut butter purchases at the same stores during the same period.
Brand
Size
Number of Purchasesby Household Panel
MarketShares
Jif
18 oz.
3,165
20.10%
Jif
28
1,892
10.10
Jif
40
726
5.42
Peter Pan
10
4,079
16.01
Skippy
18
6,206
28.56
Skippy
28
1,627…
In the Journal of Marketing Research (November 1996), Gupta studied the extent to which the purchase behavior of scanner panels is representative of overall brand preferences. A scanner panel is a sample of households whose purchase data are recorded when a magnetic identification card is presented at a store checkout. The table below gives peanut butter purchase data collected by the A. C. Nielson Company using a panel of 2,500 households in Sioux Falls, South Dakota. The data were collected over 102 weeks. The table also gives the market shares obtained by recording all peanut butter purchases at the same stores during the same period.
Brand
Size
Number of Purchases by Household Panel
MarketShares
Jif
18 oz.
3,170
19.30%
Jif
28
1,812
9.46
Jif
40
703
4.34
Peter Pan
10
4,079
18.36
Skippy
18
6,250
26.55
Skippy
28
1,670
13.77
Skippy
40
1,406
8.22
Total
19,090
Goodness-of-Fit Test
obs
expected
O – E
(O – E)2/E
% of chisq
3,170
3,684.370…
In the digital age of marketing, special care must be taken to ensure that programmatic ads appear on websites aligned with a company’s strategy, culture, and ethics. For example, in , Nordstrom, Amazon, and Whole Foods each faced boycotts from social media users when automated ads for these companies showed up on the Breitbart website (ChiefMarketer.com website). It is important for marketing professionals to understand a company's values and culture. The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals specializing in marketing (higher scores indicate higher ethical values).
Marketing Managers
Marketing Research
Advertising
6
5
5
5
5
6
4
4
5
5
4
4
6
5
5
4
4
5
a. Use to test for a significant difference in perception among the three groups.
Compute the values identified below (to decimals, if necessary).
Sum of Squares, Treatment
Sum of Squares, Error
Mean Squares, Treatment…
Chapter 4 Solutions
Essentials of Modern Business Statistics with Microsoft Office Excel (Book Only)
Ch. 4.1 - An experiment has three steps with three outcomes...Ch. 4.1 - How many ways can three items be selected from a...Ch. 4.1 - Prob. 3ECh. 4.1 - Consider the experiment of tossing a coin three...Ch. 4.1 - Suppose an experiment has five equally likely...Ch. 4.1 - An experiment with three outcomes has been...Ch. 4.1 - Prob. 7ECh. 4.1 - In the city of Milford, applications for zoning...Ch. 4.1 - Prob. 9ECh. 4.1 - The following table shows the percentage of...
Ch. 4.1 - A Gallup Poll of U.S. adults indicated that...Ch. 4.1 - The Powerball lottery is played twice each week in...Ch. 4.1 - A company that manufactures toothpaste is studying...Ch. 4.2 - Prob. 14ECh. 4.2 - Consider the experiment of selecting a playing...Ch. 4.2 - Consider the experiment of rolling a pair of dice....Ch. 4.2 - Refer to the KP&L sample points and sample point...Ch. 4.2 - Prob. 18ECh. 4.2 - Do you think global warming will have an impact on...Ch. 4.2 - Junior Achievement USA and the Allstate Foundation...Ch. 4.2 - Data on U S. work-related fatalities by cause...Ch. 4.3 - Prob. 22ECh. 4.3 - Suppose that we have a sample space...Ch. 4.3 - Clarkson University surveyed alumni to learn more...Ch. 4.3 - Prob. 25ECh. 4.3 - Information about mutual funds provided by...Ch. 4.3 - Prob. 27ECh. 4.3 - A survey of magazine subscribers showed that 45.8%...Ch. 4.3 - Prob. 29ECh. 4.4 - Suppose that we have two events, A and B, with...Ch. 4.4 - Prob. 31ECh. 4.4 - Consider the following example survey results of...Ch. 4.4 - Prob. 33ECh. 4.4 - The Bureau of Transportation Statistics reports...Ch. 4.4 - To better understand how husbands and wives feel...Ch. 4.4 - Prob. 36ECh. 4.4 - A joint survey by Parade magazine and Yahoo! found...Ch. 4.4 - The Institute for Higher Education Policy, a...Ch. 4.5 - The prior probabilities for events A1 and A2 are...Ch. 4.5 - Prob. 40ECh. 4.5 - A consulting firm submitted a bid for a large...Ch. 4.5 - A local bank reviewed its credit card policy with...Ch. 4.5 - In August 2012, tropical storm Isaac formed in the...Ch. 4.5 - ParFore created a website to market golf equipment...Ch. 4.5 - The percentage of adult users of the Internet who...Ch. 4 - A USA Today survey of adults aged 18 and older...Ch. 4 - A financial manager made two new investments—one...Ch. 4 - Below are the results of a survey of 1364...Ch. 4 - A study of 31,000 hospital admissions in New York...Ch. 4 - Prob. 50SECh. 4 - Prob. 51SECh. 4 - Prob. 52SECh. 4 - Refer again to the data from the MBA new...Ch. 4 - The Pew Internet & American Life project conducted...Ch. 4 - A large consumer goods company ran a television...Ch. 4 - Cooper Realty is a small real estate company...Ch. 4 - A company studied the number of lost-time...Ch. 4 - According to the Open Doors Report, 9.5% of all...Ch. 4 - An oil company purchased an option on land in...Ch. 4 - A study reported by Forbes indicated that the five...Ch. 4 - Hamilton County Judges Hamilton County judges try...Ch. 4 - Hamilton County Judges Hamilton County judges try...Ch. 4 - Hamilton County Judges Hamilton County judges try...Ch. 4 - Hamilton County Judges Hamilton County judges try...Ch. 4 - Hamilton County Judges Hamilton County judges try...Ch. 4 - Rob's Market Rob's Market (RM) is a regional food...Ch. 4 - Prob. 4.2.2CPCh. 4 - Rob's Market Rob's Market (RM) is a regional food...Ch. 4 - Rob's Market Rob's Market (RM) is a regional food...Ch. 4 - Prob. 4.2.5CPCh. 4 - Rob's Market Rob's Market (RM) is a regional food...Ch. 4 - Prob. 4.2.7CPCh. 4 - Prob. 4.2.8CPCh. 4 - Prob. 4.2.9CPCh. 4 - Rob's Market Rob's Market (RM) is a regional food...
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
- In the digital age of marketing, special care must be taken to ensure that programmatic ads appear on websites aligned with a company’s strategy, culture, and ethics. For example, in , Nordstrom, Amazon, and Whole Foods each faced boycotts from social media users when automated ads for these companies showed up on the Breitbart website (ChiefMarketer.com website). It is important for marketing professionals to understand a company's values and culture. The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals specializing in marketing (higher scores indicate higher ethical values). Marketing Managers Marketing Research Advertising 9 8 8 8 8 9 7 7 8 8 7 7 9 8 8 7 7 8 Use a = 0.05 to test for a significant difference in perception among the three groups. Compute the values identified below (to 2 decimals, if necessary). Sum of Squares, Treatment Sum of Squares, Error Mean Squares,…arrow_forwardIn the digital age of marketing, special care must be taken to ensure that programmatic ads appear on websites aligned with a company’s strategy, culture, and ethics. For example, in 2017, Nordstrom, Amazon, and Whole Foods each faced boycotts from social media users when automated ads for these companies showed up on the Breitbart website (ChiefMarketer.com website). It is important for marketing professionals to understand a company's values and culture. The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals specializing in marketing (higher scores indicate higher ethical values). Marketing Managers Marketing Research Advertising 6 10 6 5 10 7 4 9 6 5 9 5 6 10 6 4 9 6 a. Use a = 0.05 to test for a significant difference in perception among the three groups. Compute the values identified below (to 2 decimals, if necessary). Sum of Squares, Treatment Sum of Squares, Error Mean…arrow_forwardIn the digital age of marketing, special care must be taken to ensure that programmatic ads appear on websites aligned with a company’s strategy, culture, and ethics. For example, in 2017, Nordstrom, Amazon, and Whole Foods each faced boycotts from social media users when automated ads for these companies showed up on the Breitbart website (ChiefMarketer.com website). It is important for marketing professionals to understand a company's values and culture. The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals specializing in marketing (higher scores indicate higher ethical values). Marketing Managers Marketing Research Advertising 10 8 11 9 8 12 8 7 11 9 7 10 10 8 11 8 7 11 a. Use a= 0.05 to test for a significant difference in perception among the three groups. Compute the values identified below (to 2 decimals, if necessary). Sum of Squares, Treatment ? Sum of Squares, Error ? Mean…arrow_forward
- In the digital age of marketing, special care must be taken to ensure that programmatic ads appear on websites aligned with a company’s strategy, culture, and ethics. For example, in 2017 , Nordstrom, Amazon, and Whole Foods each faced boycotts from social media users when automated ads for these companies showed up on the Breitbart website (ChiefMarketer.com website). It is important for marketing professionals to understand a company's values and culture. The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals specializing in marketing (higher scores indicate higher ethical values). Marketing Managers Marketing Research Advertising 6 5 6 5 5 7 4 4 6 5 4 5 6 5 6 4 4 6 a. Use to test for a significant difference in perception among the three groups. Compute the values identified below (to 2 decimals, if necessary). Sum of Squares, Treatment Sum of Squares, Error Mean Squares,…arrow_forwardThe success of an airline depends heavily on its ability to provide a pleasant customer experience. One dimension of customer service on which airlines compete is on-time arrival. The tables below contains a sample of data from delayed flights showing the number of minutes each delayed flight was late for two different airlines, Company A and Company B. Company A 34 59 43 30 3 32 42 85 30 48 110 50 10 26 70 52 83 78 27 70 27 90 38 52 76 Company B 44 63 43 34 67 104 45 28 38 84 76 45 33 49 63 43 36 34 65 65 (a) Formulate the hypotheses that can be used to test for a difference between the population mean minutes late for delayed flights by these two airlines. (Let ?1 = population mean minutes late for delayed Company A flights and ?2 = population mean minutes late for delayed Company B flights.) H0: ?1 − ?2 ≥ 0 Ha: ?1 − ?2 < 0 H0: ?1 − ?2 < 0 Ha: ?1 − ?2 = 0 H0: ?1 − ?2 ≠ 0 Ha: ?1 − ?2 = 0 H0: ?1 − ?2 = 0 Ha: ?1 − ?2 ≠ 0 H0: ?1 − ?2 ≤…arrow_forwardThe success of an airline depends heavily on its ability to provide a pleasant customer experience. One dimension of customer service on which airlines compete is on-time arrival. The tables below contains a sample of data from delayed flights showing the number of minutes each delayed flight was late for two different airlines, Company A and Company B. Company A 34 59 43 30 3 32 42 85 30 48 110 50 10 26 70 52 83 78 27 70 27 90 38 52 76 Company B 46 65 42 33 67 105 44 28 37 86 74 44 33 50 62 43 34 34 65 65 (a)Formulate the hypotheses that can be used to test for a difference between the population mean minutes late for delayed flights by these two airlines. (Let ?1 = population mean minutes late for delayed Company A flights and ?2 = population mean minutes late for delayed Company B flights.) H0: ?1 − ?2 = 0 Ha: ?1 − ?2 ≠ 0 H0: ?1 − ?2 < 0 Ha: ?1 − ?2 = 0 H0: ?1 − ?2 ≤ 0 Ha: ?1 − ?2 > 0 H0: ?1 − ?2 ≥ 0 Ha: ?1 − ?2 < 0 H0: ?1 − ?2…arrow_forward
- A landscaping company has collected data on home values (in thousands of $) and expenditures (in thousands of $) on landscaping with the hope of developing a predictive model to help marketing to potential new clients. Suppose the following table represents data for 14 households. HomeValue($1,000) LandscapingExpenditures($1,000) 243 8.2 322 10.7 199 12.3 340 16.3 300 15.7 400 18.8 800 23.5 200 9.5 522 17.5 548 22.0 438 12.2 463 13.5 635 17.8 357 13.8 a. Use the least squares method to develop the estimated regression equation. (Let x = home value (in thousands of $), and let y = landscaping expenditures (in thousands of $). Round your numerical values to five decimal places.) b. Use the equation estimated in part (b) to predict the landscaping expenditures (in $) for a home valued at $275,000. (Round your answer to the nearest dollar.)arrow_forwardThe success of an airline depends heavily on its ability to provide a pleasant customer experience. One dimension of customer service on which airlines compete is on-time arrival. The tables below contains a sample of data from delayed flights showing the number of minutes each delayed flight was late for two different airlines, Company A and Company B. Company A 34 59 43 30 3 32 42 85 30 48 110 50 10 26 70 52 83 78 27 70 27 90 38 52 76 Company B 46 65 41 34 67 106 45 28 39 86 74 46 33 51 63 43 34 32 64 65 (a) Formulate the hypotheses that can be used to test for a difference between the population mean minutes late for delayed flights by these two airlines. (Let μ1 = population mean minutes late for delayed Company A flights and μ2 = population mean minutes late for delayed Company B flights.) H0: μ1 − μ2 ≤ 0 Ha: μ1 − μ2 > 0 H0: μ1 − μ2 ≥ 0 Ha: μ1 − μ2 < 0 H0: μ1 − μ2 = 0 Ha: μ1 − μ2 ≠ 0 H0: μ1 − μ2 ≠ 0 Ha: μ1 − μ2 = 0 H0: μ1 − μ2 < 0…arrow_forwardA 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…arrow_forward
- In recent years, a growing array of entertainment options competes for consumer time. By 2004, cable television and radio surpassed broadcast television, recorded music, and the daily newspaper to become the two entertainment media with the greatest usage (The Wall Street Journal, January 26, 2004). Researchers used a sample of 15 individuals and collected data on the hours per week spent watching cable television and hours per week spent listening to the radio. Individual Television Radio 1 22 25 2 8 10 3 25 29 4 22 19 5 12…arrow_forwardIn the digital age of marketing, special care must be taken to make sure that programmatic ads appearing on websites align with a company's strategy, culture and ethics. For example, in 2017, Nordstrom, Amazon and Whole Foods each faced boycotts from social media users when automated ads for these companies showed up on the Breitbart website (ChiefMarketer.com). It is important for marketing professionals to understand a company's values and culture. The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals specializing in marketing (higher scores indicate higher ethical values). Marketing Managers Marketing Research Advertising 5 7 5 3 6 5 4 7 6 4 6 5 5 6 4 3 7 5 (a) Use ? = 0.05 to test for significant differences in perception among the three groups. State the null and alternative hypotheses. H0: ?MM = ?MR = ?AHa: Not all the population means are equal. H0: At least two of the population…arrow_forwardIn the digital age of marketing, special care must be taken to make sure that programmatic ads appearing on websites align with a company's strategy, culture and ethics. For example, in 2017, Nordstrom, Amazon and Whole Foods each faced boycotts from social media users when automated ads for these companies showed up on the Breitbart website (ChiefMarketer.com). It is important for marketing professionals to understand a company's values and culture. The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals specializing in marketing (higher scores indicate higher ethical values). Marketing Managers Marketing Research Advertising 5 4 6 6 5 6 6 5 6 4 4 5 5 5 7 4 4 6 #1) Use ? = 0.05 to test for significant differences in perception among the three groups.State the null and alternative hypotheses A) H0: Not all the population means are equal.Ha: ?MM = ?MR = ?A B) H0: ?MM = ?MR = ?AHa: ?MM ≠ ?MR ≠…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 HillBig Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt
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
What Are Research Ethics?; Author: HighSchoolScience101;https://www.youtube.com/watch?v=nX4c3V23DZI;License: Standard YouTube License, CC-BY
What is Ethics in Research - ethics in research (research ethics); Author: Chee-Onn Leong;https://www.youtube.com/watch?v=W8Vk0sXtMGU;License: Standard YouTube License, CC-BY