Answered: HR MIN SEC Question 42 of 45 > 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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Transcribed Image Text:HR MIN SEC Question 42 of 45 > A researcher studying the effect of price cuts on consumers' expectations makes up two different histories of the store price of a hypothetical brand of laundry detergent for the past year. Eight students in a business class view one or the other price history on a computer. Some students see a steady price, whereas others see regular sales that temporarily cut the price. Students are asked the price they would expect to pay. The names of the eight subjects are given. O Macmillan Learning 1. Franklin 2. James 3. Wright 4. Edwards 5. Rust 6. Walsh 7. Gofberg 8. Williams Use the list of random digits: 41842 81868 71035 09001 43367 49497 Starting at the beginning of this list and using single-digit labels, assign the first four subjects selected to the steady price group and the remaining four to the fluctuating price group. The subjects assigned to the fluctuating price group are: O Edwards, Franklin, Williams, and James Wright, Rust, Walsh, and Gofberg O Franklin, James, Wright, and Edwards. Rust. Walsh, Gofberg, and Williams

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