I was able to find some of the information (as seen in picture) but am having trouble finding the Frequency Observed for company A, B, C and then the percent for each of the companies in the survey results section. Attachted is picture for reference on what I am talking about. Thank you! Goodness of Fit TestFrequencyFrequencyЕxpectedObservedSurvey ResultsNumberCompany A30Company A32|Company BCompany B5094Company C20Company C74Test StatisticsWe have three companies that have the following (Expected Frequency)market shares:Calculations100ÞA 30 % of the market (type the number no need to convert to %)30Degrees of Freedom2.B 50 % of the marketp-valueC 20 % of the marketInvoke the Macro (Ctrl m)to get your survey results for both tests.50.001.92875E-2220•Now some genius in Company C comes up with a major marketing idea fora new change in the product. So they do a test marketing study of 200people and they have compiled the new data (hint: you must convert theresponses to % or convert above market shares to the expected number ofrespondents out of 200).Survey ResultsPercentCompany ACompany BCompany C

From the data we have, observed frequency as, Survey results Number Company A 32…

Answered: Goodness of Fit Test Frequency…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Question

I was able to find some of the information (as seen in picture) but am having trouble finding the Frequency Observed for company A, B, C and then the percent for each of the companies in the survey results section. Attachted is picture for reference on what I am talking about. Thank you!

Goodness of Fit Test
Frequency
Frequency
Еxpected
Observed
Survey Results
Number
Company A
30
Company A
32
|Company B
Company B
50
94
Company C
20
Company C
74
Test Statistics
We have three companies that have the following (Expected Frequency)
market shares:
Calculations
100
ÞA 30 % of the market (type the number no need to convert to %)
30
Degrees of Freedom
2.
B 50 % of the market
p-value
C 20 % of the market
Invoke the Macro (Ctrl m)to get your survey results for both tests.
50.00
1.92875E-22
20
•Now some genius in Company C comes up with a major marketing idea for
a new change in the product. So they do a test marketing study of 200
people and they have compiled the new data (hint: you must convert the
responses to % or convert above market shares to the expected number of
respondents out of 200).
Survey Results
Percent
Company A
Company B
Company C

Expert Solution

Step 1

From the data we have, observed frequency as,

Survey results	Number
Company A	32
Company B	94
Company C	74
Total	200

Expected percent frequency are,

Survey results	Expected percent frequency
Company A	30
Company B	50
Company C	20
Total	100

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Frequency Statistics$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions