Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Assignment

Heavenly Chocolates would like to use the sample data to determine whether online shoppers who spend more time and view more pages also spend more money during their visit to the Web site. The company would also like to investigate the effect that the day of the week and the type of browser have on sales.

Managerial Report

Use the methods of descriptive statistics to learn about the customers who visit the Heav¬enly Chocolates Web site. Include the following in your report.

1. Graphical and numerical summaries for the length of time the shopper spends on the Web site, the number of pages viewed, and the mean amount spent per transaction. Discuss what you learn about Heavenly Chocolates' online shoppers from these nu¬merical summaries.

2. Summarize the frequency, the total dollars spent, and the mean amount spent per transaction for each day of week. What observations can you make about Heavenly Chocolates' business based on the day of the week? Discuss.

3. Summarize the frequency, the total dollars spent, and the mean amount spent per transaction for each type of browser. What observations can you make about Heavenly Chocolate's business based on the type of browser? Discuss.

4. Develop a scatter diagram, and compute the sample correlation coefficient to explore the relationship between the time spent on the Web site and the dollar amount spent. Use the horizontal axis for the time spent on the Web site. Discuss.

5. Develop a scatter diagram, and compute the sample correlation coefficient to explore the relationship between the number of Web site pages viewed and the amount spent. Use the horizontal axis for the number of Web site pages viewed. Discuss.

6. Develop a scatter diagram, and compute the sample correlation coefficient to explore the relationship between the time spent on the Web site and the number of pages viewed. Use the horizontal axis to represent the number of pages viewed. Discuss.

Attachment:- Heavenly-Chocolates.rar

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92712259

Have any Question?


Related Questions in Operation Management

1 describe one specific area in which you believe that

1. Describe one specific area in which you believe that strategic purchasing could improve a supply chain that you are familiar with. If you are not aware of a supply chain, then describe how a particular aspect of the W ...

Zaza fashions demand for the polka dot silk skirt during

Zaza Fashions' demand for the Polka Dot silk skirt during the Fall season is Poisson with a mean of 6.5. Zaza calculates the order quantity that maximizes its expected profit using the newsvendor model and determines tha ...

A dry cleaner has a single drive-thru window for customers

A dry cleaner has a single drive-thru window for customers. The arrival rate of cars follows a Poisson distribution, while the service time follows an exponential distribution. The average arrival rate is 16 per hour and ...

Your firm designs manufactures and markets childrenrsquos

Your firm designs, manufactures, and markets children’s toys for sale in the U.S. Almost 90% of your production is done in China. During the 1990s, U.S. relations with China improved. Even though there were many disagree ...

Mark achin sells 3600 electric motors each year the cost of

Mark Achin sells 3,600 electric motors each year. The cost of these is $200 each, and demand is constant throughout the year. The cost of placing an order is $40, while the holding cost is $20 per unit per year. There ar ...

Audience needs using a smartphoneusing a laptop or desktop

Audience Needs Using A Smartphone Using a laptop or desktop computer, please visit the website of any well-known company and Review it's about or about us page. Identify three ways you could modify this page content to m ...

1 list 3 major challenges facing the retail grocery

1. List 3 major challenges facing the Retail Grocery Industry 2. Net Profit and Net Profit Margin. What are the difference? 3. Need a Crow's Feet ER Diagram for Student to Dorm Relationship within a University. May requi ...

1 in your opinion what are some indicators of a good leader

1. In your opinion, what are some indicators of a good leader? Why are these indicators important to you? 2. Analyze the steps of knowledge discovery of data processing. Give an example. IN 200 WORDS OR MORE 3. What are ...

Discussionmdashcritical leadership competencies needed in

Discussion—Critical Leadership Competencies Needed in 2020 Consider all you have learned in the course so far and the trends that have been discussed, particularly around leaders being able to strategize and execute to r ...

1 which of these is not true about hygiene factors in the

1. Which of these is NOT true about hygiene factors in the Two-Factor theory? a. improving hygiene factors will only reduce dissatisfaction, not increase satisfaction b. hygiene factors are related to the work setting or ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As