Describe the statistical methods and statistical techniques listed below. For each of these statistical methods and statistical techniques, describe how they can be used to evaluate marketing opportunities. Each response must be a maximum of two (2) sentences.

Q: The following data set represents performance scores from a sample of participants in a psychology…

A: The formula to find sample standard deviation is as follows,  s = ∑ x2-∑x2nn-1

Q: In a small town in Colorado, it was found that 54% of the population support Candidate Randy. In a…

A: The following information has been provided: n=180x=85p=0.54

Q: The number of marbles of different colors stored in a hat is listed below: 8 red marbles 10 green…

A: If an event happening is unknown then the probability are used. It used to measure the uncertainty…

Q: The World Data Atlas reports that the average Crude Birth Rate is more or less the same between…

A:

Q: Determine the indicated probability for a binomial experiment with the given number of trials n and…

A: Given : Sample Size (n) = 15 Probability of success (p) = 0.4 Let X be a r.v Such that : X~B(n=15 ,…

Q: The estimated prevalence is 19% and the desired confidence is 93% with a margin of error of 4%.…

A: Given,margin of error(E)=0.04sample proportion(p^)=0.19α=1-0.93=0.07α2=0.035Z0.035=1.8119…

Q: 1. Discuss the theoretical framework of simple random sampling. 2.Discuss the theoretical framework…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: In a recent study of a random sample of 113 people, 92 reported dreaming in color. In the 1940’s,…

A: We have given that  We have given thatSample size (n ) = 113x = 92Sample proportion (p̂)  = x/n =…

Q: Is there reason to believe that a relationship exists between heights of fathers and the heights of…

A:

Q: (a) Let a be the weight of a juvenile condor. Write the possible unique values for a: (NOTE:…

A:

Q: Given the standard normal distribution, what percent of the population is covered between z = 0.00…

A: The percent of the population is covered between z = 0.00 and z = -0.44 is,

Q: Which of the followings is NOT a correct statement about fourth-spread? O a. Conceptually, it is…

A: Fourth spread: Fourth spread is used to find the measure of variability of distribution. It is…

Q: Standardized tests: In a particular year, the mean score on the ACT test was 26.1 and the standard…

A:

Q: Weights of women in one age group are normally distributed with a population standard deviation of…

A: Since, population sd is known,  using z distribution.

Q: Assuming the population has an approximate normal distribution, if a sample size n = 14 has a sample…

A: Suppose µ is the population mean.

Q: firm manufactures light bulb whose length of life follows a normal distribution with mean 90 hours…

A: Given data,Mean μ=90sd      σ=2P(86<X<96)=?

Q: a. Find the mean number of dogs in this sample who weigh 65 lb or more. Mean = b. Find the standard…

A: Here given, The Australian sheep dog is a breed renowned for its intelligence and work ethic. It is…

Q: A simple random sample from a population with a normal distribution of 100 body temperatures has…

A:

Q: Part (c) Do you reject the null at a 5% level ✓ [Select] Yes No There are 6 parts to this question.…

A: Regression analysis  To test: H0: Coefficient of X=0, i.e. there is no relationship between…

Q: For the following two samples of scores, calculate the pooled variance from an Independent-Samples…

A: Given: n1=11n2=11M1=50M2=55SS1=86SS2=92

Q: 5 Fifty-four players (including Gabe Kaplan and James Garner) participated in the 1980 World Series…

A: No, because A game of game of poker cannot be modeled as a Markov chain, as this poker game is not…

Q: Use the given information to find the number of degrees of freedom, the critical values X and X, and…

A:

Q: In a recent study of a random sample of 113 people, 92 reported dreaming in color. In the 1940’s,…

A: The question is about hypo. testing for a popl. prop. Given : Randomly selected no. of people ( n )…

Q: study of 45 members of the Mall Walkers group showed that they could walk at an average rate of 3.3…

A:

Q: The estimated prevalence is 25% and the desired confidence level is 95% with a margin of error of 8%…

A:

Q: The following table shows the rate R of vehicular involvement in traffic accidents (per 100,000,000…

A: Introduction: It is required to obtain a quadratic regression model to estimate the rate of…

Q: To determine whether acupuncture relieves migraine pain, researchers conducted a randomized…

A: For the given data Perform Chi square test

Q: Maria is testing an antidepressant therapy treatment. She does a t-test and rejects H0. Then she…

A: Given Information: Maria is testing an antidepressant therapy treatment. She does a t-test and…

Q: A survey of 300 union members in New York State reveals that 112 favor the Republican candidate for…

A:

Q: A researcher is comparing the annual income of students who graduated from Belair College with…

A: If the population failed to follow any distribution, then non parametric test is used. The non…

Q: Using the data below, what percentage of customers bought beer, wine, spirits and snack foods?…

A: It is given that the data into tabulated form in which customers can buy beer, wine, spirits, snack…

Q: A poll was conducted to investigate opinions about global warming. The respondents who answered yes…

A: From the provided information,   Human activity Natural patters Don’t know Male 304…

Q: Which of the following is an example of doing inferential statistics? You calculate the average…

A: Inferential Statistics: One can analyze information and generate appropriate conclusions from the…

Q: On Rhea's twitter account her tweets over the years have averaged about 35 likes per tweet with a…

A: Given Information: Hypothesized value of population mean is μ0=35 Population standard deviation σ=10…

Q: A medical school claims that more than 28% of its students plan to go into general practice. It is…

A:

Q: The alternative hypothesis, denoted by H1, represents the opposite of the null hypothesis and is…

A: Introduction: Denote the null hypothesis as H0, and the alternative hypothesis as H1.

Q: 24 women

A: This study is cross sectional study because in case of cross sectional studies observations are…

Q: What is a distribution of means and how it differs from a population distribution?

A: The set of all possible values for a property, together with a mechanism to indicate how relatively…

Q: Each year advertisers spend billions of dollars purchasing commercial time on network sports…

A: It is given that a recent article listed the top 10 leading spenders ( in millions of dollars ).…

Q: A bag contains 10 white marbles, 4 blue marbles, 6 red marbles. If one marble is drawn from the bag…

A: Note: As per my policy i can answer only one question. kindly repost the remaining questionsGiven…

Q: A telephone company claims that more than 15% of its customers have at least two telephone lines.…

A: It is given that Sample size n = 250 Number of customers who have at least two telephone lines, X =…

Q: An industrial psychologist examined the number of absences for employees in Company A. She wanted to…

A: Let X be the level of stress Let Y be the no.of absences

Q: A telephone company claims that more than 15% of its customers have at least two telephone lines.…

A:

Q: Salaries of 42 college graduates who took a statistics course in college have a mean, x, of $68,000.…

A:

Q: Prove that If P(A) > P(B), then P(A/B) > P(BIA)

A: The conditional probability is defined as P(A | B) = P(A and B)/P(B),  P(B | A) = P(A and B)/P(A)

Q: se the data in the following​ table, which lists​ drive-thru order accuracy at popular fast food…

A: Given that   A B C D Total accurate 16 6 3 23 48 Not accurate  2 14 18 12 46 Total 18 20 21…

Q: (a) P(x≤ a) = 0.42 a = (b) P(x a) = 0.32 a =

A: a) Suppose the random variable x defines the Uniform probability distribution from 0 to 5.

Q: The test statistic of z = 2.31 is obtained when testing the claim that p > 0.3. a. Identify the…

A:

Q: tics teacher cla ms that, on average, 20% of his class get an A, 25 get a B, 35% get a C, 10% get a…

A: Goodness of fit is very powerful test for testing the significance of the discrepancy between theory…

Q: Create a scatter plot for the following. 15 17 40 40 X у 19 38 O positive correlation O negative…

A: Scatterplot: A pictorial manner of showing the relationship between two non-causal factors is…

Strategies in Marketing

Marketing strategies are long-term plans formulated to achieve business objectives and marketing goals. For a business to be successful, it should have a proper marketing plan to showcase its products and services to its target customers.