Applied Statistics in Business and Economics
Applied Statistics in Business and Economics
5th Edition
ISBN: 9780077837303
Author: David Doane, Lori Seward Senior Instructor of Operations Management
Publisher: McGraw-Hill Education
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Chapter 15.2, Problem 6SE

U.S. market share for smartphones with larger screens is increasing. As of the first quarter of 2011, smartphones with screens 4 inches or larger had captured 24 percent of the smartphone market. The market for smartphones with screens between 3.5 and 3.9 inches has stayed fairly steady at 40 percent, while that for smartphones with screens less than 3.5 inches has declined to 36 percent. Does smartphone ownership by college students follow this national pattern? A sample of 148 student smartphone users showed that 30 owned a smartphone with a large screen (4 inches or greater), 75 owned a smartphone with a medium-sized screen (between 3.5 and 3.9 inches), and 43 owned a smartphone with a small screen (less than 3.5 inches). Conduct a chi-square GOF test to answer this research question.

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To: [Boss's Name] From: Nathaniel D Sain Date: 4/5/2025 Subject: Decision Analysis for Business Scenario Introduction to the Business Scenario Our delivery services business has been experiencing steady growth, leading to an increased demand for faster and more efficient deliveries. To meet this demand, we must decide on the best strategy to expand our fleet. The three possible alternatives under consideration are purchasing new delivery vehicles, leasing vehicles, or partnering with third-party drivers. The decision must account for various external factors, including fuel price fluctuations, demand stability, and competition growth, which we categorize as the states of nature. Each alternative presents unique advantages and challenges, and our goal is to select the most viable option using a structured decision-making approach. Alternatives and States of Nature The three alternatives for fleet expansion were chosen based on their cost implications, operational efficiency, and…

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Applied Statistics in Business and Economics

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