Preview

Introduction to statistics

Satisfactory Essays
Open Document
Open Document
395 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Introduction to statistics
The contingency tables and relative frequency probabilities in this exercise are based on the Springdale Shopping Survey database. Information like that gained from the two parts of this exercise could provide helpful insights into the nature of the respondents, their perceptions, and their spending behaviors. In particular, part 2 examines how conditional probabilities related to spending behavior might vary, depending on the gender of the respondent.

Based on the relative frequencies for responses to each variable, determine the probability that a randomly selected respondent from:
a. [variable 4] spends at least $15 during a trip to Springdale Mall.

b. [variable 5] spends at least $15 during a trip to Downtown.

d. [variable 6] spends at least $15 during a trip to West Mall.

Comparing the preceding probabilities, which areas seem strongest and weakest in terms of the amount of money a shopper spends during a typical shopping visit?

e. [variable 11] feels that Springdale Mall has the highest-quality goods.

f. [variable 11] feels that Downtown has the highest-quality goods.

g. [variable 11] feels that West Mall has the highest-quality goods.

Comparing the preceding probabilities, which areas are strongest and weakest in terms of the quality of goods offered?

Set up a contingency table for the appropriate variables given, then determine the following probabilities:
a. [variables 4 and 26] Given that the random respondent is a female, what is the probability that she spends at least $15 during a trip to Springdale Mall? Is a male more likely or less likely than a female to spend at least $15 during a visit to this area?

b. [variables 5 and 26] Given that the random respondent is a female, what is the probability that she spends at least $15 during a trip to Downtown? Is a male more likely or less likely than a female to spend at least $15 during a visit to this area?

c. [variables 6 and 26] Given that the random respondent is a

You May Also Find These Documents Helpful

  • Powerful Essays

    Math533

    • 558 Words
    • 3 Pages

    The following report presents the details of the statistical analysis of the data collected from a sample of fifty credit customers of the department AJ Davis department store chain. The data collected was based on five variables, which were location, income, size, and years at current location and credit balance. The first variable analyzed was Location. The location data is a categorical variable; this was further broken down into three subcategories. The subcategories of location are: Urban, Suburban and Rural. A frequency distribution and pie chart for the subcategories is shown below:…

    • 558 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    Nt1330 Unit 3

    • 1201 Words
    • 5 Pages

    A marketing research firm wishes to determine if the adult men in Laramie, Wyoming would be interested in a new upscale men's clothing store. From a list of all residential addresses in Laramie, the firm selects a simple random sample of 100 and mails a brief questionnaire to each. Use this information to answer the next three questions.…

    • 1201 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    |1. |An insurance representative wants to determine if the proportions of women and men who buy the different policy types are the |…

    • 1896 Words
    • 8 Pages
    Satisfactory Essays
  • Better Essays

    Quiz for 5wk Statistics

    • 942 Words
    • 4 Pages

    Use the binomial probability distribution to answer the following probability questions. According to government data, the probability that an adult under 35 was never married is 25%. In a random survey of 10 adults under 35, what is the probability that:…

    • 942 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Math 533

    • 1143 Words
    • 5 Pages

    The department store AJ Davis would like to find out more information about their customers. A sample of 50 credit customers is selected with data collected on the following five variables:…

    • 1143 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Math 107 Quiz

    • 577 Words
    • 3 Pages

    a) Use the histogram to find the probability that a person selected at random from the survey’s sample had a test score of more than two.…

    • 577 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Mm207 Final

    • 620 Words
    • 2 Pages

    4. If you were to randomly select a student from the set of students who have completed the survey, what is the probability that you would select a male? Explain your answer.…

    • 620 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    d) How (if at all) does purchase frequency appear to be related to dollars spent and months since last purchase? Explain why any observed relationships might exist.…

    • 2842 Words
    • 22 Pages
    Good Essays
  • Satisfactory Essays

    Chapter 18

    • 5349 Words
    • 22 Pages

    The probability of a consumer experiencing postpurchase dissonance, as well as the magnitude of such dissonance, is a function of which of the following?…

    • 5349 Words
    • 22 Pages
    Satisfactory Essays
  • Satisfactory Essays

    This is a challenging case, please allocate sufficient amount of time. In doing the analysis, you may make the following assumptions:…

    • 426 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    MAT201 MOD 1

    • 604 Words
    • 4 Pages

    1. In a poll, respondents were asked if they have traveled to Europe. 68 respondents indicated that they have traveled to Europe and 124 respondents said that they have not traveled to Europe. If one of these respondents is randomly selected, what is the probability of getting someone who has traveled to Europe?…

    • 604 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Your response Exercise 5-1 Fixed and Variable Cost Behavior [LO1] Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1,200 and the variable cost per cup of coffee served is $0.22. Requirement 1: Fill in the following table with your estimates of total costs and cost per cup of coffee at the indicated levels of activity for a coffee stand. (Round average cost per cup of coffee to 3 decimal places. Omit the "$" sign in your response.) 2,000 Fixed cost Variable cost Total cost Average cost per cup of coffee served $ $ $…

    • 14633 Words
    • 59 Pages
    Satisfactory Essays
  • Good Essays

    | Each year, ratings are compiled concerning the performance of new cars during the first 90 days of use. Suppose that the cars have been categorized according to whether a car needs warranty-related repair (yes or no) and the country in which the company manufacturing a car is based (United States or not United States). Based on the data collected, the probability that the new car needs a warranty…

    • 1412 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    4. Using the information from the previous question regarding T.V. viewing and using the Binomial Table in your text:…

    • 339 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Sadu SI

    • 218 Words
    • 2 Pages

    A small survey size of 50 persons is taken and received response from 40 persons.…

    • 218 Words
    • 2 Pages
    Satisfactory Essays