Question: Beer sales in a tavern are cyclical over the week
Beer sales in a tavern are cyclical over the week, with large volume during weekend nights, lower volume during the beginning of the week, and somewhat higher volume at midweek. Explain the possible problems that could arise, and the conditions under which they might arise, if systematic sampling were used to estimate beer sales volume per night.
Relevant QuestionsFind the median, the inter-quartile range, and the 45th percentile of the following data. 23, 26, 29, 30, 32, 34, 37, 45, 57, 80, 102, 147, 210, 355, 782, 1,209 A population is composed of 100 items arranged in some order. Every stratum of 10 items in the order of arrangement tends to be similar in its values. An "every 10th" systematic sample is selected. The first item, randomly ...Cadbury, Inc., is interested in estimating people's responses to a new chocolate. The company believes that people in different age groups differ in their preferences for chocolate. The company believes that in the region of ...Recently a survey was conducted to assess the quality of investment brokers. A random sample of 6 brokerage houses was selected from a total of 27 brokerage houses. Each of the brokers in the selected brokerage houses was ...A television producer wants to predict the success of new television programs. A program is considered successful if it survives its first season. Data on production costs, number of sponsors, and the total amount spent on ...
Post your question