Wednesday
November 26, 2014

Homework Help: business statistics

Posted by Samantta on Friday, July 31, 2009 at 10:10pm.

The International Council of Shopping Centers reports that the average teenager spends $39 during a shopping trip to the mall. The promotions director of a local mall has used a variety of strategies to attract area teens to his mall, including live bands and “teenage group. He believes teen shoppers at his mall respond to his promotional efforts by shopping there more often and spending more when they do. Mall management decides to evaluate the promotions director’s success by surveying a simple random sample of 45 local teens and finding out how much they spent on their most recent shopping visit to the mall. The results are listed in data file XR10056. Use a suitable hypothesis test in examining whether the mean mall shopping expenditure for teens in this area might be higher than for U.S. teens as a whole. Indentify and interpret the p-value for the test. Using the 0.025 level of significance, what conclusion do you reach?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

business statistics - A researcher has observed independent samples of females ...
statistics - A researcher has observed independent samples of females and males...
statistics - A researcher has observed independent samples of females and males...
statistics - A researcher wants to study the spending habits of customers of a ...
statistics - 36 people surveyed at random and learned that 20 people are in ...
English - Native speakers - Hello what is the difference between a supermarket ...
physics - You drive a car 2.0 km to the gas station, 4.0 km to the shopping mall...
Mathematics - 200 individuals were surveyed about the mall they visited during ...
Physics - You drive your car 2 km to the gas station, 4 km to the shopping mall ...
Business law - You own a business that is located in the mall. The mall requires...

Search
Members