Question

In: Statistics and Probability

Noodles and Company tested consumer reaction to two spaghetti sauces. Each of 70 judges rated both...

Noodles and Company tested consumer reaction to two spaghetti sauces. Each of 70 judges rated both sauces on a scale of 1 (worst) to 10 (best) using several taste criteria. To correct for possible bias in tasting order, half the judges tasted Sauce A first, while the other half tasted Sauce B first. Actual results are shown below for “overall liking.”

Sauce A: 8, 1, 9, 7, 6, 2, 5, 6, 6, 5, 8, 5, 7, 6, 5, 6, 8, 2, 7, 6, 5, 7, 5, 5, 8,

5, 8, 8, 3, 7, 8, 8, 8, 6, 8, 6, 5, 5, 8, 5, 3, 6, 7, 7, 7, 5, 5, 5, 6, 6,

5, 8, 8, 6, 1, 9, 7, 5, 8, 7, 7, 8, 5, 1, 7, 7, 7, 7, 5, 7

Sauce B:

5, 8, 2, 6, 6, 5, 7, 7, 4, 6, 8, 9, 8, 8, 8, 6, 5, 7, 6, 8, 8, 8, 6, 6, 8,

3, 8, 6, 9, 5, 7, 1, 7, 8, 8, 7, 8, 1, 7, 7, 7, 6, 5, 6, 8, 5, 8, 5, 8, 5,

7, 8, 8, 5, 2, 8, 7, 7, 6, 7, 8, 8, 7, 8, 7, 6, 4, 6, 5, 5

Picture Click here for the Excel Data File

(a) Calculate the mean and standard deviation for each sample. (Round your answers to 3 decimal places.) x⎯⎯ S Sauce A

Sauce B

(b) Calculate the coefficient of variation for each sample. (Enter your answer as a percentage rounded to 1 decimal place.)

CVA

CVB

Solutions

Expert Solution

Solution: The given data is:
Sauce A Sauce B
8 5
1 8
9 2
7 6
6 6
2 5
5 7
6 7
6 4
5 6
8 8
5 9
7 8
6 8
5 8
6 6
8 5
2 7
7 6
6 8
5 8
7 8
5 6
5 6
8 8
5 3
8 8
8 6
3 9
7 5
8 7
8 1
8 7
6 8
8 8
6 7
5 8
5 1
8 7
5 7
3 7
6 6
7 5
7 6
7 8
5 5
5 8
5 5
6 8
6 5
5 7
8 8
8 8
6 5
1 2
9 8
7 7
5 7
8 6
7 7
7 8
8 8
5 7
1 8
7 7
7 6
7 4
7 6
5 5
7 5
Mean 6.071 6.414
Standard deviation 1.852 1.781
Coefficient of varation 30.5 27.8
Formula Used:
Mean=(sum of observations)/number of observation
standard deviation=(sum of (Xi-Mean)2)/number of observation
Coefficient of varation= (standard deviation/mean)*100
(a). Mean and standard deviation of each sample given below:
Mean of sample A = 6.071
Mean of sample B = 6.414
Standard deviation for sample A = 1.852
Standard deviation for sample B = 1.781
(b). Coefficient of variation for sample A = 30.5 %
Coefficient of variation for sample B = 27.8 %

Related Solutions

Section Exercise 4-29 Noodles and Company tested consumer reaction to two spaghetti sauces. Each of 70...
Section Exercise 4-29 Noodles and Company tested consumer reaction to two spaghetti sauces. Each of 70 judges rated both sauces on a scale of 1 (worst) to 10 (best) using several taste criteria. To correct for possible bias in tasting order, half the judges tasted Sauce A first, while the other half tasted Sauce B first. Actual results are shown below for “overall liking.” Sauce A: 5, 5, 3, 6, 7, 5, 7, 6, 2, 6, 5, 7, 7, 6,...
In 2009 Noodles & Company introduced spaghetti and meatballs to their menu. Before putting it on...
In 2009 Noodles & Company introduced spaghetti and meatballs to their menu. Before putting it on the menu, they performed taste tests to determine the best-tasting spaghetti sauce. Random samples of 69 tasters were asked to rate their satisfaction with two different sauces on a scale of 1–10 with 10 being the highest. The mean difference in ratings was d⎯⎯d¯ = -0.46731 with a standard deviation of sd = 1.65540. Use α = 0.05. (Hint: A 2-sample dependent means test...
suppose that companies located in Italy can produce 40,000 ton of Spaghetti Noodles for each year...
suppose that companies located in Italy can produce 40,000 ton of Spaghetti Noodles for each year of labor they employ and, also using a year of labor, can produce 4 units of machinery. Suppose companies in Japan produce, with the same amount of labor 30,000 ton of Spaghetti Noodles and 6 units of machinery. Which trade theory can best demonstrate the benefits of trade in this example and explain? Explain whether each county can specialize in production of one product...
The management potential of future administrators was rated by a panel of three judges. Each judge...
The management potential of future administrators was rated by a panel of three judges. Each judge rated a candidate on a scale of 1 (high performance) to 6 (low performance). However before using these ratings to choose a candidate, the firm wanted to check the reliability of the raters to see if there was a difference between the ratings of the judges. The data are included below. Many times one judge will be stricter on his/her rating of a candidate’s...
Gaermont Sauces is a manufacturer of sauces. This company buys two ingredients on the market (A1...
Gaermont Sauces is a manufacturer of sauces. This company buys two ingredients on the market (A1 and A2). The price at which A1 buys is $ 20.00 per kilo and the cost of A2 is $ 40.00 per kilo. The supplier supplying these products to Gaermont can only supply 80 kilos of product A1 and 75 kilos of product A2. The ingredients are mixed to form two types of sauce, "Special Spicy" and "The Real Spicy", or they can be...
Two call options are written on the same stock that trades for $70 and both call...
Two call options are written on the same stock that trades for $70 and both call options have the same exercise price of $85. Call 1 expires in 6 months and Call 2 expires in 3 months. Assume that Call 1 trades for $6 and that Call 2 trades for $7. Do these prices allow arbitrage? Analyse. If they do permit arbitrage, then explain the arbitrage transactions.
Two formulations of a certain coating, designed to inhibit corrosion, are being tested. For each of...
Two formulations of a certain coating, designed to inhibit corrosion, are being tested. For each of eight peoples, half the pipe is coated with formulation A and the other half is coated with formulation B. Each pipe is exposed to a salt environment for 500 hours. Afterward, the corrosion loss is measured for each formulation on each pipe and the results are shown below. Can you conclude that the mean amount of corrosion differs between the two formulation? Setup the...
determine the total output required from each industry in order to meet both consumer and between...
determine the total output required from each industry in order to meet both consumer and between industry demand. economy has three industries A B and C these industries have annual consumer sales of 30, 50, and 60(in billions of dollars) respectively. for every dollar of goods A sells, A requires 10 cents of good from B and 15 cents of goods from C. for every dollar B sells , B requires 15 cents from of goods from A and 20...
Complete the stoichiometry of each reaction, making sure both stoichiometry and charge balance are correct. That...
Complete the stoichiometry of each reaction, making sure both stoichiometry and charge balance are correct. That is, find the values of the coefficients A, B, C, etc., for each reaction. Show your work and explain your reasoning. [2 Points each] (a) Oxidation of nitrite to nitrate (a chemoautotrophic process): A·O2 + B·NO2- = C·NO3- (b) Oxidation of organic matter using nitrite (a step of denitrification, a heterotrophic reaction): A·CH2O + B·NO2- + C·H+ = D·CO2 + E·N2 + F·H2O (c)...
Suppose there are two consumers, A and B. The utility functions of each consumer are given...
Suppose there are two consumers, A and B. The utility functions of each consumer are given by: UA(X,Y) = X2Y UB(X,Y) = X*Y Therefore: For consumer A: MUX = 2XY; MUY = X2 For consumer B: MUX = Y; MUY = X The initial endowments are: A: X = 75; Y = 15 B: X = 75; Y = 5 a) (20 points) Suppose the price of Y, PY = 1. Calculate the price of X, PX that will lead...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT