Answered: College Students' Expenditure on Coffee…

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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Question

College Students' Expenditure on Coffee

Another piece of information gathered from existing branches is that number of visits per week also plays an important role in a branch's success. It is found that when at least 50% of customers visit three or more times a week, the branch is a successful one. The survey also covered this information and 177 said they would visit at least three times a week.

A)Based on the research findings, management is very confident about the prospective branch. Why do you think they are confident?

Group of answer choices:

There is sufficient evidence to say that the metric for frequency of visits is met.

The big difference between 177/300 and 50% is already enough evidence.

I think that management is wrong in being confident.

B)Based on the research findings, management is very confident about the prospective branch. Why do you think they are confident?

Group of answer choices:

There is sufficient evidence to say that the metric for frequency of visits is met.

The big difference between 177/300 and 50% is already enough evidence.

I think that management is wrong in being confident.

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