Question 1 A small independent book retailer owns a shop and an online web store. The...

Question 1

A small independent book retailer owns a shop and an online web store. The retailer is investigating whether there is a difference in purchase behaviour (the type of book purchased) when customers make a purchase in-store compared to buying online. The retailer looks at all the purchases of business, language and fiction books both online and in-store on a randomly selected day. The results are shown in the table below

Table: Number of books purchased online and in-store categorised by book type

	Place of Purchase
Type of Book	In Store	Online
Business	120	155
Language	47	25
Fiction	120	93

Part a)

Use a Chi-square test at a 1% significance level to investigate whether there is an association between the type of book purchased and the place of purchase.

[10 marks]

Part b)

Using the chi-square test result and the survey data shown in the table, briefly summarise the outcome of the survey for the book retailer.

[4 marks]

Expert Solution

orchestra answered 1 year ago

A small independent book retailer owns a shop and an online web store. The retailer is...

A small independent book retailer owns a shop and an online web store. The retailer is investigating whether there is a difference in purchase behaviour (the type of book purchased) when customers make a purchase in-store compared to buying online. The retailer looks at all the purchases of business, language and fiction books both online and in-store on a randomly selected day. The results are shown in the table belowTable: Number of books purchased online and in-store categorised by book...

The Reader family owns a small neighborhood book store with a coffee shop/browsing area that offers...

The Reader family owns a small neighborhood book store with a coffee shop/browsing area that offers free Internet access to its customers. Their data infrastructure includes sufficient computing resources to support their business operations. Describe the Reader family’s computing needs and their possible need for client/server, intranet, and/or cloud computing that would support his business operations. Short Essay Question

Amazon has grown from a small online book seller to a retailer and service provider that...

Amazon has grown from a small online book seller to a retailer and service provider that has changed both physical and online retailing. The opening case of Chapter 6 (“Amazon’s Successful Growth Through Its Corporate Diversification Strategy”) describes a series of actions the company has taken as it has grown through diversification. Please feel free to supplement this short case with further research. In answering the questions below, support your reasoning with the concepts and terminology from Chapter 6. What...

An existing online book retailer is considering whether to open a brick and mortar bookshop. The...

An existing online book retailer is considering whether to open a brick and mortar bookshop. The project is assumed to last for four years. Projected revenues and costs from the online retailer’s existing operations in each of years 1-4 are £1m and £400k, respectively. It is however estimated that the opening of the bookshop would boost both revenues and costs by 50% in each of years 1-4. The bookshop launch requires an initial investment of £400k in year 0, none...

Question 7 – Data Design Bundoora College has a small book store that opens for students,...

Question 7 – Data Design Bundoora College has a small book store that opens for students, staff and general public. Currently, they use a manual order system. The manager asked you to build a database for them. You had an interview session with him and you get a general overview about the database requirements. The database should store: • Orders information made by students, staff or general public. The order should have order number, the date and the time it...

Assignment - Store Design and code a HTML/CSS/JS based web application for your online store. Assignment...

Assignment - Store Design and code a HTML/CSS/JS based web application for your online store. Assignment Specification · Minimum of SIX web pages are required for this assignment: § One Landing/Container Page ( a page with logo) § One Home Page § Three or more Product Line Pages (pages with product and it information ) § One Order Page (for customer to order a product after view the profuct on the product page) · Build internal CSS style sheets in...

BK Books is an online book retailer that also has 10,000 "brick and mortar" outlets worldwide....

BK Books is an online book retailer that also has 10,000 "brick and mortar" outlets worldwide. You are a risk-neutral manager within the Corporate Finance Division and are in dire need of a new financial analyst. You only interview students from the top MBA programs in your area. Thanks to your screening mechanisms and contacts, the students you interview ultimately differ only with respect to the wage that they are willing to accept. About 10 percent of acceptable candidates are...

BK Books is an online book retailer that also has 10,000 “bricks and mortar” outlets worldwide....

BK Books is an online book retailer that also has 10,000 “bricks and mortar” outlets worldwide. You are a risk-neutral manager within the Corporate Finance Division and are in dire need of a new financial analyst. You only interview students from the top MBA programs in your area. Thanks to your screening mechanisms and contacts, the students you interview ultimately differ only with respect to the wage that they are willing to accept. About 10 percent of acceptable candidates are...

1) Rachel Robinson owns a small retail store in Cairo, Georgia. The following summary information regarding...

1) Rachel Robinson owns a small retail store in Cairo, Georgia. The following summary information regarding expectations for the month of January is provided: As of December 31 there is $1,000 in the bank and the balance in accounts receivable is $5,000. Budgeted cash and credit sales for January are $6,000 and $4,000, respectively. Ninety percent of credit sales are collected in the month of sale and the remainder is collected in the following month. Rachel's suppliers do not extend...

SOA Case Study: Retail company, shopOnline, with an online web store and 900 retail stores, has...

SOA Case Study: Retail company, shopOnline, with an online web store and 900 retail stores, has the following characteristics: • Strategic objective: become the most profitable retailer in the industry through aggressive growth with minimal risk • Delivering a unique, seamless, cross channel experience. • Being the first to offer popular products that match customer desires. • Capabilities needed according to Business Process Analysis: – share consistent product information across multiple channels. – quickly and accurately incorporate new products. –...

Question