Cake. The table below shows the ranking of cakes sold on a Saturday and Sunday at a
Question:
Cake. The table below shows the ranking of cakes sold on a Saturday and Sunday at a bakery shop. Do these data indicate that the Saturday and Sunday sales are equitably represented at all levels of the cake sales at the bakery?
a) What is the probability that a randomly selected sale from the bakery is one made on Sunday?
b) What is the probability that a randomly selected sale from the bakery is that of a banana chocolate cake?
c) Assuming no bias in sales, how many banana chocolate cakes are going to be sold on Sunday in the bakery?
d) To see if there is evidence of differences in sale ranks attained on the two days, will you test goodness-of-fit, homogeneity, or independence?
e) State the hypotheses.
f) Test the conditions.
g) How many degrees of freedom are there?
h) Find the chi-square value and the associated P-value.
i) State your conclusion.
j) If you concluded that the distributions are not the same, analyze the differences using the standardized residuals of your calculations.
Step by Step Answer:
Business Statistics
ISBN: 9781292269313
4th Global Edition
Authors: Norean Sharpe, Richard De Veaux, Paul Velleman