Question
In: Economics
It has been observed that heterosexual dating services often charge different prices to male and female...
It has been observed that heterosexual dating services often charge different prices to male and female costumers. What would be lost from simply trying to explain this as a standard group pricing strategy?
Solutions
Rahul Sunny answered 2 years agoRelated Solutions
Firms often employ price discrimination. They try to segment their markets and charge different prices to...
Firms often employ price discrimination. They try to
segment their markets and charge different prices to customers with
different demand elasticities. The theory is simple. Identify those
customers with highly-elastic demands (they're the ones
who are very sensitive to price and will be driven into the arms of
your competitors by high prices), and cut prices. Next, identify
customers with less-elastic demands (they're the ones who
are insensitive to price and are likely to buy anyway), and drive
the price...
A data set about speed dating includes "like" ratings of male dates made by the female...
A data set about speed dating includes "like" ratings of male dates made by the female dates. The summary statistics are n= 195, x= 5.88, s= 2.06. Use a 0.05 significance level to test the claim that the population mean of such ratings is less than 6.00. Assume that a simple random sample has been selected. Identify the null and alternative hypotheses, test statistic, P.value, and state the final conclusion that addresses the original claim.
A data set about speed dating includes "like" ratings of male dates made by the female...
A data set about speed dating includes "like" ratings of male
dates made by the female dates. The summary statistics are n=187
x=6.85 s=2.12 Use a 0.050 significance level to test the claim that
the population mean of such ratings is less than 7.00 Assume that a
simple random sample has been selected. Identify the null and
alternative hypotheses, test statistic, P-value, and state the
final conclusion that addresses the original claim.
A data set about speed dating includes "like" ratings of male dates made by the female...
A data set about speed dating includes "like" ratings of male
dates made by the female dates. The summary statistics are n=194,
x overbar=6.81, s=1.91. Use a 0.05 significance level to test the
claim that the population mean of such ratings is less than 7.00.
Assume that a simple random sample has been selected. Identify the
null and alternative hypotheses, test statistic, P-value, and
state the final conclusion that addresses the original claim.
What are the null and alternative hypotheses?...
A data set about speed dating includes "like" ratings of male dates made by the female...
A data set about speed dating includes "like" ratings of male
dates made by the female dates. The summary statistics are n=189,
x bar =6.89, s=2.21. Use a 0.10 significance level to test the
claim that the population mean of such ratings is less than 7.00.
Assume that a simple random sample has been selected. Identify the
null and alternative hypotheses, test statistic, P-value, and
state the final conclusion that addresses the original claim.
A data set about speed dating includes "like" ratings of male dates made by the female...
A data set about speed dating includes "like" ratings of male
dates made by the female dates. The summary statistics are
nequals=195195,
x overbarxequals=7.537.53,
sequals=1.971.97.
Use a
0.050.05
significance level to test the claim that the population mean of
such ratings is less than
8.008.00.
Assume that a simple random sample has been selected. Identify
the null and alternative hypotheses, test statistic, P-value, and
state the final conclusion that addresses the original claim.
A data set about speed dating includes "like" ratings of male dates made by the female...
A data set about speed dating includes "like" ratings of male
dates made by the female dates. The summary statistics are
nequals=193193,
x overbarxequals=7.867.86,
sequals=2.262.26.
Use a
0.100.10
significance level to test the claim that the population mean of
such ratings is less than
8.008.00.
Assume that a simple random sample has been selected. Identify
the null and alternative hypotheses, test statistic, P-value, and
state the final conclusion that addresses the original claim.
Fast-food stores often charge higher prices for their products in high-crime areas than they charge in...
Fast-food stores often charge higher prices for their products
in high-crime areas than they charge in low-crime areas. Is this an
act of price discrimination? Why or why not?
Is it fair that retailers can charge different prices to different consumers for essentially the same...
Is it fair that retailers can charge different prices to
different consumers for essentially the same product?
The president of a large university has been studying the relationship between male/female supervisory structures in...
The president of a large university has been studying the
relationship between male/female supervisory structures in his
institution and the level of employees’ job satisfaction. The
results of a recent survey are shown in the table below. Conduct a
test at the 5% significance level to determine whether the level of
job satisfaction depends on the boss/employee gender
relationship.
Boss/Employee
Level of Satisfaction
Male/ Female
Female/Male
Male/Male
Female/Female
Satisfied
60
15
50
15
Neutral
27
45
48
50
Dissatisfied...
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