In: Statistics and Probability
(a) At what percentile would a size 7 shoe be in Country A? Interpret your result in terms of a proportion of the population
(b) at what percentile would a size 7 shoe be in Country B? Interpret your result in terms of a proportion of the population
(c) Suppose that the manufacturer currently only has the technology to make size 7 shoes and below. On which country should the retailer focus their marketing efforts?
Dear a detailed handwritten solution is also provided.... If you are satisfied with my explanations please THUMBS UP.... Thanks in advance for your support dear.....
ANSWER
a)
89.435 percentile
O.89435 proportion of population is below and same as shoe size 7
b)
33.486 percentile
0.33486 proportion of population is below and same as shoe size 7
c)
Country A. Reason is given in handwritten solution...