EP BUSINESS STATISTICS:FIRST COURSE-ACC
EP BUSINESS STATISTICS:FIRST COURSE-ACC
8th Edition
ISBN: 9780135179802
Author: Levine
Publisher: PEARSON CO
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The Sea Wharf Restaurant would like to determine the best way to allocate a monthly advertising budget of 55,000 between newspaper advertising and radio advertising. Management deidad that at least 30% of the budget must be spent on each type of media and that the amount of money spent on local newspaper advertising must be at least twice the amount spent on radia advertising. A marketing consultant developed an index that measures audience exposure per dollar of advertising on a scale from o to 100, with higher values implying greater audience exposure. If the velue of the index for local newspaper advertising is 80 end the value of the index for spot radio advertising is 90, how should the restaurant allocate its advertising budget to maximize the value of total audience exposure Formulate a inear programming model that can be used to determine how the restaurent should allocate its advertising budget in order to maximize the value of total audience exposure. (Assume Nis the amount…
Determine whether the variables is qualitative or quantitative number of infants born in a month
Average adult Americans are about one inch taller, but nearly a whopping 25 pounds heavier than they were in 1960, according to a new report from the Centers for Disease Control and Prevention (CDC). The bad news, says CDC is that average BMI (body mass index, a weight-for-height formula used to measure obesity) has increased among adults...”   Boston is considered one of America’s healthiest cities – is the weight gain since 1960 similar in Boston?  A sample of n=28 adults suggested a mean increase of 19.5 pounds over the mean recorded in 1960 with a standard deviation of 8.6 pounds.  Is Boston statistically significantly different in terms of weight gain from the national mean since 1960?  Run the appropriate test at a 5% level of significance. Please use the five steps to demonstrate proper hypothesis testing and explain your results. Please do not use any software calculations.
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