7.69 Customer participation in store loyalty card programs.Customers who participate in a store's free loyalty cardprogram save money on their purchases, but allow thestore to keep track of the customer's shopping habits andpotentially sell these data to third parties. A Pew Internet& American Life Project Survey (January 2016) revealedthat 225 of a random sample of 250 US adults would agreeto participate in a store loyalty card program, despite thepotential for information sharing. Let p represent the trueproportion of all customers who would participate in astore loyalty card program.a. Compute a point estimate of pb. Consider a store owner who claims that more than 80%of all customers would participate in a loyalty cardprogram. Set up the null and alternative hypotheses fortesting whether the true proportion of all customerswho would participate in a store loyalty card programexceeds .8.c. Compute the test statistic for part b.d. Find the rejection region for the test if a = .01.e. Find the p-value for the test.f. Make the appropriate conclusion using the rejectionregion.g. Make the appropriate conclusion using the p-value.

a. Suppose p is the true proportion of all customers who would participate in a store loyalty card…

Answered: Customer participation in store loyalty…

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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A mathematics placement test is given to all entering freshmen at a small college. A student who receives a grade below 35 is denied admission to the regular mathematics course and placed in a remedial class. A study about the correlation between the placement scores and the final course grade is being written and the placement test scores and final grades for a group of students who took the regular course were recorded as follows: Placement Course Test Grade 50 53 35 41 35 61 40 56 55 68 65 36 35 11 60 70 90 79 35 59 90 54 80 91 60 48 60 71 60 71 40 47 55 53 50 68 65 57 50 79 Is there a significant relationship between the score on the placement test and the course grade of the students? Use 5% level of significance. (Show complete proof/steps with conclusion in statement form)
A television station wishes to study the relationship between viewership of its 11 p.m. news program and viewer age (18 years or less, 19 to 35, 36 to 54, 55 or older). A sample of 250 television viewers in each age group is randomly selected, and the number who watch the station’s 11 p.m. news is found for each sample. The results are given in the table below. Age Group Watch11 p.m. News? 18 or less 19 to 35 36 to 54 55 or Older Total Yes 37 46 59 83 225 No 213 204 191 167 775 Total 250 250 250 250 1,000 (a) Let p1, p2, p3, and p4 be the proportions of all viewers in each age group who watch the station’s 11 p.m. news. If these proportions are equal, then whether a viewer watches the station’s 11 p.m. news is independent of the viewer’s age group. Therefore, we can test the null hypothesis H0 that p1, p2, p3, and p4 are equal by carrying out a chi-square test for independence. Perform this test by setting α = .05. (Round your answer to 3 decimal places.)…
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A television station wishes to study the relationship between viewership of its 11 p.m. news program and viewer age (18 years or less, 19 to 35, 36 to 54, 55 or older). A sample of 250 television viewers in each age group is randomly selected, and the number who watch the station’s 11 p.m. news is found for each sample. The results are given in the table below. Age Group Watch11 p.m. News? 18 or less 19 to 35 36 to 54 55 or Older Total Yes 49 59 61 84 253 No 201 191 189 166 747 Total 250 250 250 250 1,000 (a) Let p1, p2, p3, and p4 be the proportions of all viewers in each age group who watch the station’s 11 p.m. news. If these proportions are equal, then whether a viewer watches the station’s 11 p.m. news is independent of the viewer’s age group. Therefore, we can test the null hypothesis H0 that p1, p2, p3, and p4 are equal by carrying out a chi-square test for independence. Perform this test by setting α = .05. (Round your answer to 3 decimal places.)…
Foxbees magazine published data on the best small firms in 2012. These publicly traded firms have a stock price of at least $5 per share and have reported annual revenue between $5 million and $1 billion. The data below shows the ages of the corporate CEOS for a random sample of these firms. 49 67 59 48 45 49 39 44 37 38 48 38 43 48 62 74 70 58 58 40 74 35 36 54 38 45 54 55 64 75 69 36 55 72 69 60 40 64 39 59 74 52 40 49 38 38 74 50 55 50 R vector Copy to clipboard a) What is the mean of the sample? (Round to 4 decimal places) b) What is the standard deviation of the sample mean or the standard error? (Round to 4 decimal places) c) What is the sample size? (Round to whole number)
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