In 2011, the industries with the most complaints to the Better Business Bureau were banks, cable and

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In 2011, the industries with the most complaints to the Better Business Bureau were banks, cable and satellite television companies, collection agencies, cellular phone providers, and new car dealerships (USA Today, April 16, 2012). The results for a sample of 200 complaints are contained in the DATAfile named BBB.
a. Construct a frequency distribution for the number of complaints by industry.
b. Using a = .01, conduct a hypothesis test to determine whether the probability of a complaint is the same for the five industries. What is your conclusion?
c. Drop the industry with the most complaints. Using a = .05, conduct a hypothesis test to determine whether the probability of a complaint is the same for the remaining four industries.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Modern Business Statistics With Microsoft Excel

ISBN: 9781337115186

6th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

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