Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
6th Edition
ISBN: 9781337115186
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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Chapter 12, Problem 27SE
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). Based on total sales, the market shares 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.
Use a goodness of fit test to determine whether 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, what is the p-value and what is your conclusion? What market share differences, if any, exist in Chicago?
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Chapter 12 Solutions
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
Ch. 12.1 - Test the following hypotheses by using the χ2...Ch. 12.1 - Suppose we have a multinomial population with four...Ch. 12.1 - Television Audiences Across Networks. During the...Ch. 12.1 - M&M Candy Colors. Mars, Inc. manufactures M&M’s,...Ch. 12.1 - America’s Favorite Sports. The Harris Poll tracks...Ch. 12.1 - Traffic Accidents by Day of Week. The National...Ch. 12.2 - The following table contains observed frequencies...Ch. 12.2 - Prob. 8ECh. 12.2 - Airline Ticket Purchases for Domestic and...Ch. 12.2 - Hiring and Firing Plans at Private and Public...
Ch. 12.2 - Health insurance benefits vary by the size of the...Ch. 12.2 - Vehicle Quality Ratings. A J. D. Power and...Ch. 12.2 - Company Reputation and Management Quality Survey....Ch. 12.2 - Prob. 14ECh. 12.2 - The Carnegie Classification of Institutes of...Ch. 12.2 - Prob. 16ECh. 12.3 - Use the sample data below to test the...Ch. 12.3 - 2. reconsider the observed frequencies in exercise...Ch. 12.3 - Late Flight Comparison Across Airlines. The sample...Ch. 12.3 - Electronic Component Supplier Quality Comparison....Ch. 12.3 - Kate Sanders, a researcher in the department of...Ch. 12.3 - Error Rates in Tax Preparation. A tax preparation...Ch. 12.3 - Social networking is becoming more and more...Ch. 12.3 - Supplier Quality: Three Inspection Outcomes. The...Ch. 12 - In 2011, the industries with the most complaints...Ch. 12 - Bistro 65 is a chain of Italian restaurants with...Ch. 12 - Based on sales over a six-month period, the five...Ch. 12 - Pace-of-Life Preference By Gender. A Pew Research...Ch. 12 - Church Attendance by Age Group. The Barna Group...Ch. 12 - Ambulance Calls by Day of Week. An ambulance...Ch. 12 - Prob. 31SECh. 12 - Phoenix Marketing International identified...Ch. 12 - The five most popular art museums in the world are...Ch. 12 - In a study conducted by Zogby International for...Ch. 12 - Six months ago, Fuentes Salty Snacks, Inc., added...Ch. 12 - Fresno Board Games manufactures and sells several...
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