You land a job at an online marketing/consulting firm after attaining a business degree with an emphasis in statistics. You walk into your office on the first day and there is an assignment sitting upon your desk. The firm was recently hired by ImpulseBuyNow.com (a famous online clearing house for as-seen-on-TV junk items). ImpulseBuyNow wanted to know if the amount of time spent browsing by a customer at their online site associates to how many items the customer purchased. Sound familiar? Realizing that you listed a statistical emphasis in your business degree, you panic and pull out your old statistics notes as to find this unit in the study guide. What luck! You must figure out what to tell ImpulseBuyNow about their question. Here is the data provided by ImpulseBuy Now: Browse Time (min.) 0-10 11-20 More than 20 Browse Time (min.) 0-10 Items Purchased Zero 1000 And your final p-value is extremely small. 1500 500 One 900 Expected Values Zero 600 2600 2500 Your paycheck depends upon whether or not you can figure if time spent browsing ImpulseBuy Now's website is associated with the number of items purchased by a customer. Figure this problem out, report your work, findings, and thoughts to the group. Below are a few hints so you can check your work. The first row of the expectation values should be: Two 100 One 1200 500 400 Two 200
You land a job at an online marketing/consulting firm after attaining a business degree with an emphasis in statistics. You walk into your office on the first day and there is an assignment sitting upon your desk. The firm was recently hired by ImpulseBuyNow.com (a famous online clearing house for as-seen-on-TV junk items). ImpulseBuyNow wanted to know if the amount of time spent browsing by a customer at their online site associates to how many items the customer purchased. Sound familiar? Realizing that you listed a statistical emphasis in your business degree, you panic and pull out your old statistics notes as to find this unit in the study guide. What luck! You must figure out what to tell ImpulseBuyNow about their question. Here is the data provided by ImpulseBuy Now: Browse Time (min.) 0-10 11-20 More than 20 Browse Time (min.) 0-10 Items Purchased Zero 1000 And your final p-value is extremely small. 1500 500 One 900 Expected Values Zero 600 2600 2500 Your paycheck depends upon whether or not you can figure if time spent browsing ImpulseBuy Now's website is associated with the number of items purchased by a customer. Figure this problem out, report your work, findings, and thoughts to the group. Below are a few hints so you can check your work. The first row of the expectation values should be: Two 100 One 1200 500 400 Two 200
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:You land a job at an online marketing/consulting firm after attaining a business degree with an emphasis in statistics. You walk
into your office on the first day and there is an assignment sitting upon your desk.
The firm was recently hired by ImpulseBuy Now.com (a famous online clearing house for as-seen-on-TV junk items).
ImpulseBuyNow wanted to know if the amount of time spent browsing by a customer at their online site associates to how
many items the customer purchased.
Sound familiar? Realizing that you listed a statistical emphasis in your business degree, you panic and pull out your old
statistics notes as to find this unit in the study guide. What luck! You must figure out what to tell ImpulseBuy Now about their
question.
Here is the data provided by ImpulseBuy Now:
Browse Time (min.)
0-10
11-20
More than 20
Browse Time (min.)
0-10
Items Purchased
Zero
1000
And your final p-value is extremely small.
1500
500
One
900
Expected Values
Zero
600
2600
2500
Your paycheck depends upon whether or not you can figure if time spent browsing ImpulseBuy Now's website is associated
with the number of items purchased by a customer. Figure this problem out, report your work, findings, and thoughts to the
group. Below are a few hints so you can check your work. The first row of the expectation values should be:
Two
100
One
1200
500
400
Two
200
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