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Product-1 Product-2 Product-3 Product-4 Product-5 Age Income Customer WMS WM S WMS W M SWMS (x1000) No 5 4 3 5 5 6 5
Product-1 Product-2 Product-3 Product-4 Product-5 Age Income Customer WMS WM S WMS W M SWMS (x1000) No 5 4 3 5 5 6 5 6 6 6 345 5638 11 12 10 20 4 11 10 10 18 28 5 1 8 13 14 9 21 5 10 11 11 14 32 6 2 6 12 16 5 18 8 12 13 8 15 34 8 3 3 7 6 7 1 5 9 9 6 17 9 14 15 9 13 23 6 4 6 3 7 8 2 8 8 6 7 17 10 7 12 12 12 50 9 5 7 2 8 4 7 8 6 7 8 15 17958975 10 13 28 10 6 9 10 89 11 11 11 9 10 14 17 51 10 6 3 5 8 14 16 45 12 7 495 15 5 10 29 11 8 8 10 11 3 11 11 9 10 12 10 6 10 7 7 8 37 11 9 4 11 12 4 12 12 11 11 15 11 11 11 9 8 9 31 10.9 10 5 13 15 9 13 14 14 14 13 14 12 13 4 9 5 21 6.3 11 9 4 16 10 14 15 14 15 14 6 12 14 12 6 10 9 24 7.2 12 10 5 12 11 17 16 12 12 7 15 8 9 7 13 18 46 4.3 13 11 6 13 12 4 6 11 11 8 19 9 6 8 12 14 58 5.6 14 12 9 14 5 5 7 9 109 21 6 8 9 11 14 34 6.9 15 3 9 4 6 6 5 8 10 10 23 10 5 5 10 13 33 13.4 16 4 3 5 7 7 6 9 10 10 19 487 12 12 40 12.5 17 6 3 6 8 7 9 6 9 8 14 5 9 8 13 16 51 12 18 a. Test the hypothesis that there is a difference between marketing strategies at a=0.05 significance level. b. Categorize age variable with levels of young (20-30), mature young (31-40), and middle age (greater than 41). c. Categorize income with levels of low (5-7.99), middle (8-11), and high (greater than 11). Test hypothesis that there is a difference between age groups at a=0.05 significance level. d. Test the hypothesis that age, income, and marketing strategies are significant at a=0.05 significance level.
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