Ask Statistics and Probability Expert

Question: Agency for New Americans Denise Walker collapsed at home after her first outing as a volunteer for the Agency for New Americans in Raleigh, North Carolina. Denise had a fairly good career going with various federal agencies after graduating with a degree in accounting. She decided to stay at home after she and her husband started a family. Now that their youngest was in high school, Denise decided she needed something more to do than manage the household. She decided on volunteer work and joined the Agency for New Americans. The purpose of the Agency for New Americans is to help new arrivals become comfortable with the basic activities necessary to function in American society. One of the major activities, of course, is shopping for food and other necessities. Denise had just returned from her first outing to a supermarket with a recently arrived Somali Bantu family. It was their first time also, and they were astonished by both the variety and selection. Since the family was on a very limited budget, Denise spent much time talking about comparison shopping, and for someone working with a new currency, this was hard.

She didn't even want to tell them the store they were in was only one of four possible chains within a mile of their apartment. Denise realized the store she started with would be the one they would automatically return to when on their own. Next week, Denise and the family were scheduled to go to a discount store. Denise typically goes to a national chain close to her house but hasn't felt the need to be primarily a value shopper for some time. Since she feels the Somali family will automatically return to the store she picks, and she has her choice of two national chains and one regional chain, she decides to not automatically take them to "her" store. Because each store advertises low prices and meeting all competitors' prices, she also doesn't want to base her decision on what she hears on commercials. Instead, she picks a random selection of items and finds the prices in each store. The items and prices are shown in the file New Americans. In looking at the data, Denise sees there are differences in some prices but wonders if there is any way to determine which store to take the family to.

Required Tasks: 1. Identify the major issue in the case.

2. Identify the appropriate statistical test that could be conducted to address the case's major issue.

3. Explain why you selected the test you choose in (2).

4. State the appropriate null and alternative hypotheses for the statistical test you identified.

5. Perform the statistical test(s). Be sure to state your conclusion(s).

6. If possible, identify the stores that Denise should recommend to the family.

7. Summarize your analysis and findings in a short report.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92463369
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Introduction to epidemiology assignment -assignment should

Introduction to Epidemiology Assignment - Assignment should be typed, with adequate space left between questions. Read the following paper, and answer the questions below: Sundquist K., Qvist J. Johansson SE., Sundquist ...

Question 1 many high school students take the ap tests in

Question 1. Many high school students take the AP tests in different subject areas. In 2007, of the 144,796 students who took the biology exam 84,199 of them were female. In that same year,of the 211,693 students who too ...

Basic statisticsactivity 1define the following terms1

BASIC STATISTICS Activity 1 Define the following terms: 1. Statistics 2. Descriptive Statistics 3. Inferential Statistics 4. Population 5. Sample 6. Quantitative Data 7. Discrete Variable 8. Continuous Variable 9. Qualit ...

Question 1below you are given the examination scores of 20

Question 1 Below you are given the examination scores of 20 students (data set also provided in accompanying MS Excel file). 52 99 92 86 84 63 72 76 95 88 92 58 65 79 80 90 75 74 56 99 a. Construct a frequency distributi ...

Question 1 assume you have noted the following prices for

Question: 1. Assume you have noted the following prices for paperback books and the number of pages that each book contains. Develop a least-squares estimated regression line. i. Compute the coefficient of determination ...

Question 1 a sample of 81 account balances of a credit

Question 1: A sample of 81 account balances of a credit company showed an average balance of $1,200 with a standard deviation of $126. 1. Formulate the hypotheses that can be used to determine whether the mean of all acc ...

5 of females smoke cigarettes what is the probability that

5% of females smoke cigarettes. What is the probability that the proportion of smokers in a sample of 865 females would be greater than 3%

Armstrong faber produces a standard number-two pencil

Armstrong Faber produces a standard number-two pencil called Ultra-Lite. The demand for Ultra-Lite has been fairly stable over the past ten years. On average, Armstrong Faber has sold 457,000 pencils each year. Furthermo ...

Sppose a and b are collectively exhaustive in addition pa

Suppose A and B are collectively exhaustive. In addition, P(A) = 0.2 and P(B) = 0.8. Suppose C and D are both mutually exclusive and collectively exhaustive. Further, P(C|A) = 0.7 and P(D|B) = 0.5. What are P(C) and P(D) ...

The time to complete 1 construction project for company a

The time to complete 1 construction project for company A is exponentially distributed with a mean of 1 year. Therefore: (a) What is the probability that a project will be finished in one and half years? (b) What is the ...

  • 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