Is there sufficient evidence to reject the null hypothesis that there is no interaction between region of the country and brochure type? Use = 0.05.
What will be an ideal response?
Q. 2Data collected on marital status (married, divorced, single, other) would be an ordinal level variable.
Indicate whether the statement is true or false
Q. 3If the sales forecaster at Dino Croc Incbefore launching a new gamedecides to use the method of historical analogy to obtain a forecast, he/she should ________.
A) note the behavior of the company's current customers while they purchase a gaming accessory
B) note the response of similar previous games to marketing campaigns and use the responses as a basis to predict how the new marketing campaign might fare
C) request a panel of gamerswhose identities should be kept confidential from one anotherto respond to a sequence of questionnaires
D) use a brainstorming session among a group of gamers to draw new ideas
Q. 4For the data given above, which of the following are defined as the forecast cells to run a simulation?
A) Customer demand and Reservation limit
B) Overbooked customers and Net revenue
C) Reservations made and Cancellations
D) Customer arrivals and Seats available
Q. 5The objective of the data given above is to determine the appropriate amount of ingredients to include in one pound of mix. This leads to the constraint ________.
A) X1 + X2 = 1
B) X1 + X2 < 1
C) X1 + X2 > 1
D) X1 + X2 1
Q. 6Two events are mutually exclusive as long as ________.
A) they can occur simultaneously
B) they have two outcomes in common
C) they have no outcomes in common
D) between them, they account for every event in the sample space
Q. 7A point estimate of a population mean is always more precise than a point estimate of a population standard deviation.
Indicate whether the statement is true or false
Q. 8The probability of the event A, at least fifty people will show up for traffic court today, is 35. What is the probability of the complement of A?
A) 85
B) 35
C) 15
D) 65
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