Answr the following questions 1 Last year 24 percent of the

Answr the following questions

1. Last year 24 percent of the sales and marketing managers at a computer software corporation earned less than $30,000. 15 percent earned at least $30,000 but less than $40,000. 19 percent earned at least $40,000 but less than $50,000, 36 percent earned at least $50,000 but less than $75,000, and 6 percent earned over $75,000. The personnel manager wants to see if there has been a recent change in the distribution of salaries. The following data represent this year\'s salary distribution for a random sample of sales and marketing executives at this company:

Salary

Current Number

Less than $30,000

27

$30,000 and < $40,000

30

$40,000 and < $50,000

30

$50,000 and < $75,000

72

$75,000 and over

57

At the .01 level of significance, check to see if there has been a change in the population distribution of salaries at this company.

b. Write the null hypothesis.

b. Write the alternate hypothesis.

c. What is the level of significance?

d. What test must you use to answer this question?

e.What are the degrees of freedom?

f. What is the critical region?

g. State the Decision Rule

h. What is the test ratio?

i. . State the Statistical Decision

2. The sales manager of the Tackey Toy Company has hired a researcher to gather and evaluate opinion data about Tackey products from people in different parts of the country. The researcher randomly sampled toy buyers in each of four regions. Each respondent was first asked if he or she had ever heard of Tackey Toys. Those who were familiar with Tackey products were then asked if Tackey toys were competitively priced or if they were overpriced. The following sample results were obtained:

Geographic Region

Unfamiliar with Tackey Toys

Toys are Priced Competitively

Toys are overpriced

Total

New England

64

28

106

198

West Coast

84

42

76

202

Gulf Coast

56

14

130

200

Midwest

60

20

120

200

Total

264

104

432

800

At the .01 level of significance, check to see if there is no regional differences in the way the population of toy buyers responded to the Tackey survey.

a. Write the null hypothesis.

b. Write the alternate hypothesis.  

c. What is the level of significance?

d. What test must you use to answer this question?

e. What are the degrees of freedom?

f. What is the critical region?

g. State the Decision Rule.

h. What is the test ratio?

i. State the Statistical Decision:  

Salary

Current Number

Less than $30,000

27

$30,000 and < $40,000

30

$40,000 and < $50,000

30

$50,000 and < $75,000

72

$75,000 and over

57

Solution

H0: Distribution is as per last year

Ha: Distribution is not as per last year

Alpha = sign. level = 0.01

d) Chi square test can be used

e) df = 5-1 =4

Prepare contingency table as follows:

p value for chi square 165.1312 for df 4 < 0.00001. The result is significant at p < 0.01.

Hence there is change.

---------------------------------------------

H0: There is no difference between regions for toy purchases

Ha: there is difference

c) sign. level =0.01

d) chi square

e) (r-1)(c-1) = 3(2) = 6

Prepare contingency table for the rest.

chi-square = 39.0
degrees of freedom = 6
probability = 0.000

As p <0.01, reject null hypothesis.

It is statistically evident that there is regional differences in the way the population of toy buyers responded to the Tackey survey.

Salary Current no Percent Expected no Chi square
<30000 27 24 51.84 11.9025
30000-40000 30 15 32.4 0.177778
30 19 41.04 2.969825
72 36 77.76 0.426667
57 6 12.96 149.6544
216 100 216 165.1312
Answr the following questions 1. Last year 24 percent of the sales and marketing managers at a computer software corporation earned less than $30,000. 15 percen
Answr the following questions 1. Last year 24 percent of the sales and marketing managers at a computer software corporation earned less than $30,000. 15 percen
Answr the following questions 1. Last year 24 percent of the sales and marketing managers at a computer software corporation earned less than $30,000. 15 percen
Answr the following questions 1. Last year 24 percent of the sales and marketing managers at a computer software corporation earned less than $30,000. 15 percen

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