The research team at a leading perfume company is trying to test the market for its newly
Question:
The research team at a leading perfume company is trying to test the market for its newly introduced perfume.
In particular the team wishes to look for gender and international differences in the preference for this perfume.
They sample 2,500 people internationally and each person in the sample is asked to try the new perfume and list his/her preference. The following table reports the results. P-258
a. What is the probability that a randomly selected man likes the perfume?
b. What is the probability that a randomly selected Asian likes the perfume?
c. What is the probability that a randomly selected European woman does not like the perfume?
d. What is the probability that a randomly selected American man does not like the perfume?
e. Are there gender differences in the preference for the perfume in (i) America, (ii) Europe, (iii) Asia? Explain using probabilities.
f. Are there international differences in the preference for the perfume for men and women? Explain using probabilities.
Step by Step Answer:
Business Statistics Communicating With Numbers
ISBN: 9780071317610
1st Edition
Authors: Kelly Jaggia