The luxor computer company plans to introduce a, Ask an Expert

Management Studies

The Luxor Computer Company plans to introduce a pyramid-shaped desktop computer. The company is interested in the proportion of prospective customers who find the unusual shape a positive selling point. In a random sample of 350 potential customers, 203 of the respondents indicated that the shape was a positive selling point.

What is an estimate of the proportion of prospective customers who find the unusual shape a positive selling point?

What is a 90 percent confidence interval for the proportion of prospective customers who find the unusual shape a positive selling point?

How many prospective customers would have to be queried for Luxor to be 90 percent certain that its estimated proportion was within five percent of the true value?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9370945

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 you are about to start your own business like a

1. You are about to start your own business like a restaurant what would be the best form of business organization (e.g.partnership, LLC, etc.) for your business and why. In discussing “why”, please include the pros and ...

1 how might a companyrsquos goals for employee development

1. How might a company’s goals for employee development be related to its goals for innovation and change? How might a company's goals for employee development be related to its goals for productivity? 2. What are the di ...

1 discuss the 4 main tasks in crafting a corporate

1. Discuss the 4 main tasks in crafting a corporate strategy. 2. Define the term diversification and discuss when a company should consider diversification. 3. Define the 4 strategic options for diversification. 4. Discu ...

Technology solutions in this section you will discuss how

Technology Solutions: In this section, you will discuss how each of the two technologies meets the technology requirements that you identified in section II. Use your decision matrix to guide your responses. A. Technolog ...

1 mckeownrsquos 1976 research attributed the majority of

1. McKeown’s (1976) research attributed the majority of the secular decline in mortality rates in Europe and North America to improved sanitary conditions. reduced exposure to diseases. living standards, primarily better ...

1 what are the five 5 key performance objectives that

1. What are the five (5) key performance objectives that should be preformed with each operational strategy analysis? 2. How can operations performance ‘make or break’ the organization? 3. Discuss situations and circumst ...

1 when if ever is an employee justified in blowing the

1. When, if ever, is an employee justified in blowing the whistle? What do you see as the most important factors that he or she needs to consider in deciding whether to blow the whistle? 2. Compare the internal and exter ...

It is important to be perceived as a transformational

It is important to be perceived as a transformational leader because of the significant impact it has on the followers. Northouse (2013) says, "(transformational leadership) includes assessing followers’ motives, satisfy ...

1 the manager of the quick stop corner convenience store

1. The manager of the Quick Stop Corner convenience store (which is open 360 days per year) sells four cases of Stein soda each day (1440 cases per year). Order costs are $8.00 per order. The lead time for an order is th ...

Demand for fasteners at turan inc is 240000 boxes per year

Demand for fasteners at Turan Inc. is 240,000 boxes per year with constant demand rate. Holding cost at Turan is 20 percent per box per year. Each order incurs a fixed cost of $400. The supplier offers an all unit discou ...

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

Recent Questions

Ask Operation Management Expert