Preview

Mall Of Elbonia Interview Results

Good Essays
Open Document
Open Document
498 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Mall Of Elbonia Interview Results
One Sample Hypothesis Testing
I am working on a problem in Excel but I am having trouble with my T- Distribution. I am using the TDIST function but have been unsucessful in my calculations.

Here is the case scenario:

One hundred customers at the Mall of Elbonia (MoE) were given a brief interview as they concluded their shopping trips. Examine the resulting data in the Mall of Elbonia Interview Results file. For each customer (by row), the spreadsheet contains data on:

The customer's gender.
How long the customer spent in the mall.
How much he or she spent on food and clothing purchases.
The customer's rating of the mall's friendliness and attractiveness.

A.) MoE's concessions manager believes the average amount that

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Gm 533 Project Part a

    • 481 Words
    • 2 Pages

    The mean household size of the customers is given as 3.42. The median of the data is 3 and the mode is 2. The standard deviation is given approximately as 1.74. Maximum number of customers has a household size of 2 as is evident from the frequency distribution and the bar graph.…

    • 481 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Math533

    • 558 Words
    • 3 Pages

    Size was the next variable to be analyzed; this is a quantitative variable. Central tendency, variation and a bar graph were calculated for the Size variable. After analyzing the data for Size, it was determined that the mean household size of the customers is 3.42. The median of the data collected is 3, the mode is 2. The standard deviation is rounded to the nearest one hundredth and is 1.74. Upon reviewing the frequency distribution chart and the bar graph, it can be determined that although the median household size is 3, the largest customer household size is 2.…

    • 558 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    The following report presents a detailed statistical analysis of AJ DAVIS department store customers. Data was collected from a sample of 50 AJ DAVIS credit customers for the purpose of learning more about the customers of AJ DAVIS.…

    • 1935 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Cmo 510 Case Study

    • 873 Words
    • 4 Pages

    Given , sample size n=11, and degrees of freedom n-1=10, looking up the t-value in the t-distribution table as shown:…

    • 873 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Math 533 Part a

    • 1063 Words
    • 5 Pages

    AJ Davis department store has asked to take a look at a sample of customers (sample size: 50) in order to more efficiently generate sales and also appeal to their more profitable segment. In order to better understand their customers a statistical analysis and interpretation must be performed. AJ Davis is hoping to achieve insight on how to improve their department store operations and strengthen their customer loyalty. We have taken both quantifiable and qualitative information and have performed descriptive and inferential statistics on the data collected. We do have to disclaim that these are only from a select few from the customer base and does not represent the entire population. Therefore, the interpretations based on the sample group need to be kept in perspective and must not assume complete representation of all customers. After the collection of information from their sample set we have been able to perform statistical analysis and the results are reported below.…

    • 1063 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Nt1330 Unit 3

    • 1201 Words
    • 5 Pages

    A marketing research firm wishes to determine if the adult men in Laramie, Wyoming would be interested in a new upscale men's clothing store. From a list of all residential addresses in Laramie, the firm selects a simple random sample of 100 and mails a brief questionnaire to each. Use this information to answer the next three questions.…

    • 1201 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Continually keeping customer records up to date will be important to the proper function of the program for the income process. According to the Intranet that belongs to the company it is already in the middle of incorporating a system to track customer purchase history. I recommend that the company should focus mainly on procedures of cash flow into and out of the company. It is important for the company to combine the systems that control and track cash flow in and out. The difference between cash inflow and outflow is how the financial worth of the investment will be calculated. The cash inflow is in the form of reduced costs in production and operations or increased sales of more products. The Frequent Shopper Program would be an investment cost of immediate cash outflow. In the years to come, cash inflow will be balanced by cash outflow resulting from the investment. If the store receives enough cash inflow to cover expenses, then the program is profitable and the company can plan on an increase in sales for years to come. For the development of the Frequent Shopper Program, the store must include all expenditures in every field associated with this program. Some of the main expenditures will be related to advertising, market research, marketing, website redevelopment, and online…

    • 1176 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Math203

    • 385 Words
    • 2 Pages

    Model 1: Run a full model for profit that includes both tenure and site location related variables. Tenure related variables are MTenure and CTenure. Site location related variables are population, number of competitors, street level visibility, pedestrian access, type of neighborhood, and whether a store staysDefinitions of the different variables in the data are provided in the case itself. Briefly discuss the summary statistics presented in Exhibit 3 in Store24A and Exhibit 2 in Store24B. Use a maximum of 2 slides for this discussion. In your opinion, what do the summary statistics tell us about Store24?…

    • 385 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Tips for Pam and Sue

    • 1337 Words
    • 6 Pages

    The case involves the decision to locate a new store at one of two candidate sites. The decision will be based on estimates of sales potential, and for this purpose, you will need to develop a multiple regression model to predict sales. Specific case questions are given in the textbook, and the necessary data is in the file named pamsue.xls.…

    • 1337 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    AJ DAVIS is a department store chain, which has many credit customers and wants to find out more information about these consumers. A sample of 50 credit customers were selected for the data collection on five variables such as location, income, size, years, and credit balance. In order to understand more about their customers, AJ DAVIS should analyze the data set. By understanding important data using graphical and numerical methods, AJ DAVIS will be able to better strategize their business.…

    • 1471 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    To determine the requirements of the user’s needs we can use questionnaires that are printed onto the receipts that the customer gets when shopping from our stores. These questionnaires can be helpful in determining our stores overall customer satisfaction ratings. Other methods may include an open discussion or a forum to gain more insight on what our customers would like to see in our stores or what products that we could look into bringing into our stores.…

    • 276 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Fastfit Case Study

    • 1084 Words
    • 5 Pages

    2. a) List the specific items of information that are usually gathered at the POS (Point of Sale terminal or cash register) and recorded when a customer checks out (excluding obtaining the identity of the customer which is covered in Q3)? b) What are three important uses of this information at the store by the store manager and by headquarters management – a total of six uses?…

    • 1084 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Rumstad decoration

    • 776 Words
    • 4 Pages

    Rumstad Decorating Centers hired Sandra Parrett to carry out marketing research to find out the reasons that are leading to the losses in the west-side store. Rumstad needs to know the reasons that are causing this negative impact on his west-side store in order to take the correct actions required to fix it. The market research aims to compare Rumstad to two of its main competitors: Emerson Decorating Center and the Wallpaper Shop. Through the comparison of these shops the target market will not answer the questions with bias, as they will not know which company in particular the questionnaire is for.…

    • 776 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Andre's Hair Salon

    • 482 Words
    • 2 Pages

    For this particular project, I have been asked to evaluate Andre’s Hair Styling business so that the best decisions can be made. In evaluating Andre’s Hair Styling, 4 pieces of information are required in order to provide the business with a clear picture thus helping business to determine what adjustments need to take place. When making this assessment, in is important to keep in mind that Andre has 5 employees and he is not one of the five. Let’s begin with the first question that Andre needs an answer to.…

    • 482 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Dick Johnson, an owner of the Kwik lube company, has hired DR. Gunn to file a lawsuit against T.A Williams after he had violated a Franchise contract with Kwik Lube. To file a lawsuit Dr. Gunn was trying to find data about the same industry or a similar one in a location a location resembling the area in which the original problem occurred. So, Dr. Gunn decided to collect a data fro LA area. This would require the development of the questionnaire that could determine the total gross number of cars serviced for fast oil and lubrication business in the Los Angeles area between 1980 and 1990.…

    • 589 Words
    • 5 Pages
    Satisfactory Essays