Question
In: Statistics and Probability
You have been hired to test whether the demand for a product that your client produces...
You have been hired to test whether the demand for a product that your client produces varies between two demographic markets – the Urban and Rural markets.
As such, in each market, you run a short survey that gauges customers demand for your product and assigns them to one of three categories – (i) High (ii) Medium or (iii) Low.
You survey 70 people in the “Urban” market and find that their demand falls into the following “buckets”
High 32
Medium 20
Low 18
You survey 30 people in the “Rural” market time. Their demand for the product its reflected below.
High 8
Medium 10
Low 12
The Null hypothesis that you are asked to test is that "the demand for the product is INDEPENDENT of the whether the market is Urban or Rural.”
1.) CALCULATE THE TEST STATISTIC FOR THE NULL HYPOTHESIS ABOVE
Enter that answer below as a number with two significant decimal places (such as 8.94 or 2.34 or 213.45)
2.) what is the correct number of degrees of freedom for the Chi-Square distribution?
Solutions
orchestra answered 2 years agoRelated Solutions
You have been hired to test whether the demand for a product that your client produces...
You have been hired to test whether the demand for a product
that your client produces varies between two demographic markets –
the Urban and Rural markets.
As such, in each market, you run a short survey that gauges
customers demand for your product and assigns them to one of three
categories – (i) High (ii) Medium
or (iii) Low.
You survey 70 people in the “Urban” market and find that their
demand falls into the following “buckets”
High
32...
You have been hired to test whether the demand for a product that your client produces...
You have been hired to test whether the demand for a product
that your client produces varies between two demographic markets –
the Urban and Rural markets. As such, in each market, you run a
short survey that gauges customers demand for your product and
assigns them to one of three categories – (i) High (ii) Medium or
(iii) Low.
You survey 80 people in the “Urban” market and find that their
demand falls into the following “buckets”
High 42...
You have been hired to test whether the demand for a product that your client produces...
You have been hired to test whether the demand for a product
that your client produces varies between two demographic markets –
the Urban and Rural markets. As such, in each market, you run a
short survey that gauges customers demand for your product and
assigns them to one of three categories – (i) High (ii) Medium or
(iii) Low. You survey 80 people in the “Urban” market and find that
their demand falls into the following “buckets” High 42...
You have been hired to test whether the demand for a product that your client produces...
You have been hired to test whether the demand for a product
that your client produces varies between two demographic markets –
the Urban and Rural markets. As such, in each market, you run a
short survey that gauges customers demand for your product and
assigns them to one of three categories – (i) High (ii) Medium or
(iii) Low.
You survey 80 people in the “Urban” market and find that their
demand falls into the following “buckets”
High 42...
You have been hired to test whether the demand for a product that your client produces varies between two demographic markets – the Urban and Rural markets.
You have been hired to test whether the demand for a product
that your client produces varies between two demographic markets –
the Urban and Rural markets.As such, in each market, you run a short survey that gauges
customers demand for your product and assigns them to one of three
categories – (i) High (ii) Mediumor (iii) Low.You survey 70 people in the “Urban” market and find that their
demand falls into the following “buckets”High
32Medium
20Low
18You survey...
(Need Ans ASAP PLEASE) You have been hired to test whether the demand for a product...
(Need Ans ASAP PLEASE) You have been hired to test whether the
demand for a product that your client produces varies between two
demographic markets – the Urban and
Rural markets.
As such, in each market, you run a short survey that gauges
customers demand for your product and assigns them to one of three
categories – (i) High (ii) Medium
or (iii) Low.
You survey 70 people in the “Urban” market and find that their
demand falls into the...
Kelly, Inc. produces and sells one product. You have been hired to prepare a traditional income...
Kelly, Inc. produces and sells one product. You have been hired
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