China has 1.36 billion people. Soft drink manufacturers work constantly to try to carve out a portion
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Question:
China has 1.36 billion people. Soft drink manufacturers work constantly to try to carve out a portion of that huge market. A Euromonitor study in 2014 showed that Coca-Cola held 63% of the entire Chinese soft drink market. A researcher wants to simulate choosing 10 Chinese soft-drink consumers at random and asking each if he or she purchases Coca-Cola.
Which is one correct way to assign random digits to simulate the answer?
There are 1.2 billion possible answers, which is too many to simulate.
Two digits simulate one person's answer: 00 to 62 mean Yes and 63 to 99 mean No.
One digit simulates one person's answer: odd means Yes and even means No.
One digit simulates one person's answer: 0 to 6 mean Yes and 7 to 9 mean No.
Two digits simulate one person's answer: 00 to 63 mean Yes and 64 to 99 mean No.
Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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