eBook Based on sales over a six-month period, the five top selling compact cars are Chevy Cruze, Ford Focus, Hyundai Elantra, Honda Civic, and Toyota Corolla (Motor Trend, November 2, 2011). Base on total sales, the market shares among for these five compact cars were Chevy Cruze 24%, Ford Focus 21%, Hyundai Elantra 20%, Honda Civic 18%, and Toyota Corolla 17%. A sample of 400 compact car sales in Chicago showed the following number of vehicles sold. Excel File: data12-27.xlsx Chevy Cruze 108 Ford Focus 92 Hyundai Elantra 64 Honda Civic Toyota Corolla 84 52 Use a goodness of fit test to determine if the sample data indicate that the market shares for the five compact cars in Chicago are different than the market shares reported by Motor Trend. Using a .05 level of significance The p-value is between.01 and .025 What is your conclusion? Conclude that the markets shares for the five compact cars in Chicago differ from the market shares reported by Motor Trend. What market share differences, if any, exist in Chicago? Round your answers to two decimal places. Enter negative values as negative numbers, Compact Car Hypothesized Market Share Sample Market Share Chevy Cruze Ford Focus Hyundai Elantra Honda Civic Toyota Corolla མ བ ནཱ ཡཱ ཁྲི .18 .24 * * * * * Difference A
eBook Based on sales over a six-month period, the five top selling compact cars are Chevy Cruze, Ford Focus, Hyundai Elantra, Honda Civic, and Toyota Corolla (Motor Trend, November 2, 2011). Base on total sales, the market shares among for these five compact cars were Chevy Cruze 24%, Ford Focus 21%, Hyundai Elantra 20%, Honda Civic 18%, and Toyota Corolla 17%. A sample of 400 compact car sales in Chicago showed the following number of vehicles sold. Excel File: data12-27.xlsx Chevy Cruze 108 Ford Focus 92 Hyundai Elantra 64 Honda Civic Toyota Corolla 84 52 Use a goodness of fit test to determine if the sample data indicate that the market shares for the five compact cars in Chicago are different than the market shares reported by Motor Trend. Using a .05 level of significance The p-value is between.01 and .025 What is your conclusion? Conclude that the markets shares for the five compact cars in Chicago differ from the market shares reported by Motor Trend. What market share differences, if any, exist in Chicago? Round your answers to two decimal places. Enter negative values as negative numbers, Compact Car Hypothesized Market Share Sample Market Share Chevy Cruze Ford Focus Hyundai Elantra Honda Civic Toyota Corolla མ བ ནཱ ཡཱ ཁྲི .18 .24 * * * * * Difference A
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
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
Transcribed Image Text:eBook
Based on sales over a six-month period, the five top selling compact cars are Chevy Cruze, Ford Focus, Hyundai Elantra, Honda Civic, and Toyota Corolla (Motor Trend, November 2, 2011). Base on total sales, the market shares
among for these five compact cars were Chevy Cruze 24%, Ford Focus 21%, Hyundai Elantra 20%, Honda Civic 18%, and Toyota Corolla 17%. A sample of 400 compact car sales in Chicago showed the following number of
vehicles sold.
Excel File: data12-27.xlsx
Chevy Cruze
108
Ford Focus
92
Hyundai Elantra
64
Honda Civic
Toyota Corolla
84
52
Use a goodness of fit test to determine if the sample data indicate that the market shares for the five compact cars in Chicago are different than the market shares reported by Motor Trend. Using a .05 level of significance
The p-value is between.01 and .025
What is your conclusion?
Conclude that the markets shares for the five compact cars in Chicago differ from the market shares reported by Motor Trend.
What market share differences, if any, exist in Chicago? Round your answers to two decimal places. Enter negative values as negative numbers,
Compact Car
Hypothesized
Market Share
Sample
Market Share
Chevy Cruze
Ford Focus
Hyundai Elantra
Honda Civic
Toyota Corolla
མ བ ནཱ ཡཱ ཁྲི
.18
.24
* * * * *
Difference
A
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