1. The head of the marketing division of a leading chocolate manufacturer must decide among four...
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1. The head of the marketing division of a leading chocolate manufacturer must decide among four different wrapper styles for the chocolate. To provide a database for the decision, he has the chocolate placed in the different wrappers and distributes them to five supermarkets. At the end of 2 weeks, he finds that the following amounts of chocolate were sold: Wrapper A 90 I Is there sufficient basis for making a decision among wrappers? Use alpha = 0.05. (17 points) For this question be sure to do the following: B Wrapper B 98 Wrapper C 130 Wrapper D 82 State the statistical hypotheses (using the appropriate notation) Set the decision rules, which will include: O State alpha O Compute the degrees of freedom o Providing the critical value for the test statistic O Sketch the curve and label the rejection region O State the decision rules State Chi-square formula Calculate the test statistic using the table method. Draw a conclusion (state whether Ho is rejected or not and why you made this decision). Interpret the result. 1. The head of the marketing division of a leading chocolate manufacturer must decide among four different wrapper styles for the chocolate. To provide a database for the decision, he has the chocolate placed in the different wrappers and distributes them to five supermarkets. At the end of 2 weeks, he finds that the following amounts of chocolate were sold: Wrapper A 90 I Is there sufficient basis for making a decision among wrappers? Use alpha = 0.05. (17 points) For this question be sure to do the following: B Wrapper B 98 Wrapper C 130 Wrapper D 82 State the statistical hypotheses (using the appropriate notation) Set the decision rules, which will include: O State alpha O Compute the degrees of freedom o Providing the critical value for the test statistic O Sketch the curve and label the rejection region O State the decision rules State Chi-square formula Calculate the test statistic using the table method. Draw a conclusion (state whether Ho is rejected or not and why you made this decision). Interpret the result.
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To determine if there is a sufficient basis for making a decision among the four different chocolate wrappers we can use a chisquare goodnessoffit tes... View the full answer
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
Posted Date:
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