Ask Question, Ask an Expert


Ask Microeconomics Expert

The four major competitors in the computer work-station market are Sun Microsystems (29%), Hewlett-Packard (18.8%), IBM (16%),and Digital Equipment (11.6%) with other manufacturers holding 24.6% of the market. One year later a survey of computer workstations found 97 Sun, 86 HP, 70 IBM, 60 Digital and 82 other. Test at the 2.5% level of significance whether changes have occurred during the 1-year period.

1. State the critical value for the test.
2. Find the value of the test statistic (to 3 dec pl).
3. Can we conclude that the proportions have changed during the year? (yes/no)

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M942415

Have any Question? 

Related Questions in Microeconomics

Assignment external financinggenesis energys newly

Assignment: External Financing Genesis Energy's newly established operations management team decided to seek outside assistance in developing a long-term operating plan that also addresses the financial issues identified ...

Discuss the security issues in addition to simple customs

Discuss the security issues (in addition to simple customs requirements) that your company must consider when transporting customers' goods across international borders. Do the markets your company usually serves make th ...

Assignment descriptiondo patients with no other treatment

Assignment Description Do patients with no other treatment options have a moral right to unproven drugs? Write a paper that explains and defends your view on this issue. Be sure to weave and cite the resources throughout ...

Discussion questionon the surface hinduism appears

Discussion Question On the surface, Hinduism appears radically different from Abrahamic religions like Islam and Judaism. However, Hindu teachings state that there is a single divine essence in the universe. Consider too ...

Social institutions assignmentpreparation review the

Social Institutions Assignment Preparation: Review the module five reading/lectures Homework Activity: Consider the ways in which the major social institutions explored in this module affect the process of socialization. ...

Assignmentslegal and ethical norms in business must be

ASSIGNMENTS Legal and ethical norms in business must be considered to support the aims of research, such as verification of knowledge, truth, and avoidance of error. Business ethics have become of paramount concern and a ...

Assignmentdoes your organization have a project portfolio

Assignment Does your organization have a project portfolio management process in place? Write 1100 words in APA format in response Think of a project that you have worked on. Suppose your team and any contractors associa ...

Case studyprojectthere is a single case project worth 10 of

Case Study/Project There is a single case project worth 10% of your total grade. This is due on Sunday of week 6 at midnight EST. Select a news article dated within the previous two months, and analyzes the issue using t ...

Assignment--risk managementchoose one of the following

Assignment--Risk Management Choose one of the following topics and write a critical essay, with the word limit of 800±100, excluding references. Academic integrity: In order to ensure the academic integrity of your submi ...

Microeconomics - price floorassignmentin a perfectly

Microeconomics - Price Floor Assignment In a perfectly competitive market, the equilibrium price and quantity represent the most efficient operation of that market. Optimum efficiency means that sellers cannot be made be ...

  • 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

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate