3)Determine the best alternative from the data below.ALTERNATIVEB.C.BENEFITSP180kP250kP300kP400kDISBENEFITS42k68k92k118kCOSTS128k184k265k288kSAVINGS16k27k38k54k

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Answered: 3) Determine the best alternative from…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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An online retailer monitors the number of visitors to the homepage, and the number of them who actually make purchases. She wants to test two new versions of the homepage, and the following table shows the conversion rate (number of purchase divided by the number of visits) before and after the change. Original page Modified page 1 Modified page 2 Number of visitors 2841 2297 2132 Number that purchase 77 107 90 Test whether the three versions have the same conversion rate.
14. At a BIG TEN College, two outstanding athletes, a 400-meter sprinter and a High Jumper, break their college's record in their respective events. Matthew, the college sports statistician, decides to determine which record-breaking result was more outstanding relative to the athlete's event. To determine who performed the more outstanding record breaking feat relative to their respective event, Matthew collected the best performances for each respective event within the BIG TEN Colleges for the year. The following table contains the information. Record Mean Standard Deviation Athlete | 400-Meter Sprinter 43.61 seconds 44.35 seconds 0.41 seconds High Jumper 2.44 meters 2.39 meters 0.04 meters a) Based on the table information, which athlete had the more outstanding record relative to their respective event? b) State the statistical result(s) you computed to support your answer!
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On the following pages you are presented with five problems. Your job is to examine the output and discuss whether there is a statistically significant relationship between the two variables, the pattern or direction of the relationship if the relationship is significant, and the strength of the relationship if the relationship is significant. AS you discuss the strength of the relationship, you will rely on an appropriate measure of association from those that have been given. For that determination, you will need to appropriately determine the level of measurement of each of the variables being examined. Please use the Measures of Association Chart I provided to help you with your determination. You may write your responses on a separate document or next to the problems on this one.
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3) Determine the best alternative from the data below ALTERNATIVE B. C. D. BENEFITS P180K P250k P300k P400k DISBENEFITS 42k 68k 92k 118k COSTS 128k 184k 265k 288k SAVINGS 16k 27k 38k 54k