Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Add Page Insert Table Chart Text Shape Media Comment Homework Assignment 1 Note: No calculations are required in this homework. Problem #1 (5 points) Give

image text in transcribed

image text in transcribed
Add Page Insert Table Chart Text Shape Media Comment Homework Assignment 1 Note: No calculations are required in this homework. Problem #1 (5 points) Give at least five variables from the paragraph below, and classify each as either (1) numerical continuous, (2) numerical discrete, (3)nominal categorical, or (4) ordinal categorical. Clue: There is a similar problem from Week 1 practice problems. Check how that problem was solved. A typical Super Steak restaurant serves anywhere from 200 to 500 full meals every day. Fast customer turnover is essential, which in turn requires high reliability from the staff, so attendance records are kept to document how many hours a month each employee is absent from work. A customer's total bill depends on the entree and side dishes ordered and the kind of wine consumed-Super Steak's wine list is quite limited, with only pinot noir, chardonnay, sauvignon blanc, and merlot being offered. Wine prices are very reasonable, ranging from $15 to $35 a bottle. Beer is also available in three different sizes of pitcher, ranging from smallest to largest: Super Pitcher, Colossal Pitcher, and Titanic Pitcher. Problem#2 (4 points) Read the passage below and answer the following: a. Describe the population of interest. b. Describe the sample that was collected. c. Describe a parameter of interest. d. Describe the statistic used to estimate the parameter in (c). Passage: Results of a 2015 Contact Solutions study reveal insights on perceptions and attitudes toward mobile shopping, providing direction to retailers for developing strategies for investing their dollars in the mobile app experience. Increased consumer interest in using shopping applications means retailers must adapt to meet the rising expectations for specialized mobile shopping experiences. The study results show that 23% of consumers indicate that in-app recommendations would drive them to add more items to their cart and that 33% would spend more time in the app. But shopper priorities change the moment they need help; they expect to get it immediately and effortlessly. If forced to stop what they're doing and leave the app to get help, 1 out of 4 shoppers would likely not make a purchase with the brand at all. The research is based on an online survey with a sample of 1,600 US adults who have made purchases via their mobile device

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Number Theory

Authors: Gove Effinger, Gary L Mullen

1st Edition

1000427129, 9781000427127

More Books

Students also viewed these Mathematics questions

Question

8. How can an interpreter influence the message?

Answered: 1 week ago

Question

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago