3. At a major credit card bank, the percentages of people who historically apply for the Silver, Gold, and Platinum cards are 60%, 30%, and 10% respectively. In a recent sample of customers responding to a promotion, of 200 customers, 110 applied for Silver, 55 for Gold, and 35 for Platinum. Is there evidence to suggest that the percentages for this promotion may be different from historical proportions? a) What is the expected number of customers applying for each type of card in this sample if the historical proportions are still true? b) Compute the x-squared statistic.
3. At a major credit card bank, the percentages of people who historically apply for the Silver, Gold, and Platinum cards are 60%, 30%, and 10% respectively. In a recent sample of customers responding to a promotion, of 200 customers, 110 applied for Silver, 55 for Gold, and 35 for Platinum. Is there evidence to suggest that the percentages for this promotion may be different from historical proportions? a) What is the expected number of customers applying for each type of card in this sample if the historical proportions are still true? b) Compute the x-squared statistic.
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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