Essentials of Statistics for Business and Economics, Loose-leaf Version
8th Edition
ISBN: 9781337114196
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
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Chapter 12, Problem 33SE
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.
| Chevy Cruze | 108 |
| Ford Focus | 92 |
| Hyundai Elantra | 64 |
| Honda Civic | 84 |
| Toyota Corolla | 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, 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
Essentials of Statistics for Business and Economics, Loose-leaf Version
Ch. 12.1 - Use the sample data below to test the...Ch. 12.1 - reconsider the observed frequencies in exercise 1...Ch. 12.1 - Late Flight Comparison Across Airlines. The sample...Ch. 12.1 - Electronic Component Supplier Quality Comparison....Ch. 12.1 - Prob. 5ECh. 12.1 - Error Rates in Tax Preparation. A tax preparation...Ch. 12.1 - Prob. 7ECh. 12.1 - Prob. 8ECh. 12.2 - The following table contains observed frequencies...Ch. 12.2 - The following table contains observed frequencies...
Ch. 12.2 - Airline Ticket Purchases for Domestic and...Ch. 12.2 - Hiring and Firing Plans at Private and Public...Ch. 12.2 - Prob. 13ECh. 12.2 - A vehicle quality survey asked new owners a...Ch. 12.2 - Prob. 15ECh. 12.2 - Academy Awards and Movie Fan Sentiment. The race...Ch. 12.2 - Amount of Sleep by Age Group. The National Sleep...Ch. 12.2 - Prob. 18ECh. 12.3 - Test the following hypotheses by using the 2...Ch. 12.3 - The following data are believed to have come from...Ch. 12.3 - Television Audiences Across Networks. During the...Ch. 12.3 - M&M Candy Colors. Mars, Inc. manufactures M&M’s,...Ch. 12.3 - Shareholder Scoreboard Ratings. The Wall Street...Ch. 12.3 - Traffic Accidents by Day of Week. The National...Ch. 12.3 - Prob. 25ECh. 12.3 - Prob. 26ECh. 12 - Prob. 27SECh. 12 - Prob. 28SECh. 12 - Prob. 29SECh. 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 - 33. Based on sales over a six-month period, the...Ch. 12 - Prob. 34SECh. 12 - Testing If Daily Sales Obey a Binomial Probability...Ch. 12 - In a study conducted by Zogby International for...
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