Question
Conduct goodness of fit analysis which assesses orders of a specific item by size and items you received by size. Conduct a hypothesis test with
Conduct goodness of fit analysis which assesses orders of a specific item by size and items you received by size.
Conduct a hypothesis test with the objective of determining if there is a difference between what you ordered and what you received at the .05 level of significance.
Identify the null and alternative hypotheses.
Generate a scatter plot, the correlation coefficient, and the linear equation that evaluates whether a relationship exists between the number of times a customer visited the store in the past 6 months and the total amount of money the customer spent.
Set up a hypothesis test to evaluate the strength of the relationship between the two variables.
Use a level of significance of .05.
ORDERS VS. SHIPMENTS | CUSTOMERS IN THE PAST 6 MONTHS | MONTHLY SALES ($) | ||||||||
Size | # Ordered | # Received | Customer # | # Visits | $ Purchases | Month | $ Sales | |||
Extra Small | 30 | 23 | 1 | 8 | 468 | Jan | 1375 | |||
Small | 50 | 54 | 2 | 6 | 384 | Feb | 1319 | |||
Medium | 85 | 92 | 3 | 8 | 463 | Mar | 1222 | |||
Large | 95 | 91 | 4 | 2 | 189 | Apr | 1328 | |||
Extra Large | 60 | 63 | 5 | 10 | 542 | May | 1493 | |||
2X Large | 45 | 42 | 6 | 4 | 299 | Jun | 1492 | |||
7 | 6 | 345 | Jul | 1489 | ||||||
8 | 2 | 197 | Aug | 1354 | ||||||
9 | 4 | 293 | Sep | 1530 | ||||||
10 | 1 | 119 | Oct | 1483 | ||||||
11 | 3 | 211 | Nov | 1450 | ||||||
12 | 9 | 479 | Dec | 1495 | ||||||
13 | 7 | 430 | Jan | 1545 | ||||||
14 | 7 | 404 | Feb | 1454 | ||||||
15 | 6 | 359 | Mar | 1322 | ||||||
16 | 10 | 544 | Apr | 1492 | ||||||
17 | 9 | 522 | May | 1678 | ||||||
18 | 5 | 327 | Jun | 1645 | ||||||
19 | 6 | 353 | Jul | 1580 | ||||||
20 | 7 | 405 | Aug | 1493 | ||||||
21 | 4 | 289 | Sep | 1719 | ||||||
22 | 7 | 386 | Oct | 1573 | ||||||
23 | 7 | 403 | Nov | 1629 | ||||||
24 | 1 | 146 | Dec | 1680 | ||||||
25 | 7 | 416 | ||||||||
26 | 9 | 485 | ||||||||
27 | 3 | 333 | ||||||||
28 | 7 | 241 | ||||||||
29 | 2 | 391 | ||||||||
30 | 6 | 268 |
Step by Step Solution
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