Question: QUANTITATIVE PROBLEMS Mc Graw connect Dataset available at 11. Suppose you have collected the data in the file Chap7 Prob11.x/sx. These data contain information www.mhhe.com/princele


QUANTITATIVE PROBLEMS Mc Graw connect Dataset available at 11. Suppose you have collected the data in the file Chap7 Prob11.x/sx. These data contain information www.mhhe.com/princele on 1,000 of your online customers pertaining to their income, household size, and the size of their purchase from your site. While the sample you collected was random, you'd like it to be representative according to income and household size. From previous surveys, you believe the distribution of the entire population of your customers to consist of: 40% with income over $60,000 and household size less than 5; 32% with income $60,000 or less and household size less than 5; 4% with income over $60,000 and household size more than 4; and 24% with income $60,000 or less and household size more than 4. Generate a sample of 200 that is representative along these income and household size categories using this sample of 1,000. Explain how you got your new sample. (LO1) prom TH Prob17 your firm's sales per capita, advertising
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