One of the major benefits of e-mail is that it makes it possible to communicate rapidly without
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As marketing manager for a large PC manufacturer, you decide to conduct a survey of your customers comparing your e-mail records against the published results. To ensure a fair comparison, you elect to use the same questionnaire and examine returns from 500 customers who attempted to use e-mail to get help from your technical support staff. The results follow:
Does the distribution of responses differ from the distribution obtained from the published survey? Test at the 0.01 level of significance.
a. Solve using the p-value approach.
b. Solve using the classical approach.
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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