A maker of energy drinks is considering abandoning can containers and going exclusively to bottles because the sales manager believes customers prefer drinking from bottles. However, the vice president in charge of marketing is not convinced the sales manager is correct. Investigate this issue using statistical analysis.
Explain which data collection method you would use and what procedures you would follow to apply this method to this situation.
Propose which level of data measurement applies to the data collected. Justify your answer.
Determine whether the data is qualitative or quantitative.
Submit your work in a Word document.
A computer scanner can read a bar code on a package correctly 97% of the time. One company monitors the accuracy of the scanner by randomly sampling packages and verifying that each package has been correctly scanned. Random samples of size n = 25, 50, 100, and 200 have recently been taken with the following results.
Package Sampling TableSample
“In word doc”
To complete this activity, use Excel to:
Calculate the sample proportion for each sample size.
Calculate the single-proportion sampling error for each sample size.
Calculate the probability of finding 198 correctly scanned packages, for a sample of size n=200.
Submit your work Excel file.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more