Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Aragon Equipment, Inc. is a tractor manufacturer that is beginning to realize the importance of sales data in marketing its products. Its two main products
Aragon Equipment, Inc. is a tractor manufacturer that is beginning to realize the importance of sales data in marketing its products. Its two main products are The Incisor, a tractor used in large agricultural settings, and The Caddy, a smaller tractor primarily used in landscape. The company divides its market into four geographic regions. With the aim of maximally allocating its resources, Aragon decides to investigate whether there is a relationship between the variables type of Aragon tractor sold ("The Incisor" or "The Caddy") and geographic region of the sale ("Great Lakes", "Ohio Valley", "Mid-Atlantic", or "Corn Belt"). The contingency table below summarizes sales data from 300 Aragon tractor sales. Each cell of the table contains three numbers: the first number is the observed cell frequency (); the second number is the expected cell frequency (f) under the assumption that there is no relationship between the type of tractor sold and the geographic region of the sale; and the third number is the following value. (fo f= ) (Observed cell frequency - Expected cell frequency)- Expected cell frequency The numbers labeled "Total" are totals for observed frequency. Part 1 (fo-fe)- Fill in the missing values in the contingency table. Round your expected frequencies to two or more decimal places, and round your values to three or more decimal places. Send data to Excel Geographic region of the sale X 5 Great Lakes Ohio Valley |Mid-Atlantic Corn Belt Total 148 90 54 108 The Incisor 0 59.20 104.00 400 0.457 0.154 Type of 44 14 20 tractor 22 The Caddy 14.80 26.00 100 O 0 1.827 0.615 Total 192 104 74 130 500
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started