×
Log in to StudySoup
Get Full Access to Statistics For Business And Economics - 12 Edition - Chapter 7 - Problem 80e
Join StudySoup for FREE
Get Full Access to Statistics For Business And Economics - 12 Edition - Chapter 7 - Problem 80e

Already have an account? Login here
×
Reset your password

Solved: Choosing portable grill displays. Refer to the

Statistics for Business and Economics | 12th Edition | ISBN: 9780321826237 | Authors: James T. McClave, P. George Benson, Terry T Sincich ISBN: 9780321826237 51

Solution for problem 80E Chapter 7

Statistics for Business and Economics | 12th Edition

  • Textbook Solutions
  • 2901 Step-by-step solutions solved by professors and subject experts
  • Get 24/7 help from StudySoup virtual teaching assistants
Statistics for Business and Economics | 12th Edition | ISBN: 9780321826237 | Authors: James T. McClave, P. George Benson, Terry T Sincich

Statistics for Business and Economics | 12th Edition

4 5 1 300 Reviews
20
1
Problem 80E

Problem 80E

Choosing portable grill displays. Refer to the Journal of Consumer Research (Mar. 2003) experiment on influencing the choices of others by offering undesirable alternatives, Exercise 3.23 (p. 142). Recall that each of 124 college students selected three portable grills from five to display on the showroom floor. The students were instructed to include Grill #2 (a smaller-sized grill) and select the remaining two grills in the display to maximize purchases of Grill #2. If the six possible grill display combinations (1-2-3, 1-2-4, 1-2-5, 2-3-4, 2-3-5, and 2-4-5) were selected at random, then the proportion of students selecting any display was 1/6 = .167. One theory tested by the researcher was that the students would tend to choose the three-grill display so that Grill #2 was a compromise between a more desirable and a less desirable grill (i.e., display 1-2-3, 1-2-4, or 1-2-5). Of the 124 students, 85 selected a three-grill display that was consistent with this theory. Use this information to test the theory proposed by the researcher at = .05.

Step-by-Step Solution:

Solution:

Step 1 of 2:

We have,

the proportion of students selecting any display was 0.167.

x = selected three grill display

    = 85

n = 124

The claim is to compute the test statistic and give the conclusion.


Step 2 of 2

Chapter 7, Problem 80E is Solved
Textbook: Statistics for Business and Economics
Edition: 12
Author: James T. McClave, P. George Benson, Terry T Sincich
ISBN: 9780321826237

Other solutions

People also purchased

Related chapters

Unlock Textbook Solution

Enter your email below to unlock your verified solution to:

Solved: Choosing portable grill displays. Refer to the