Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

STATISTICAL ANALYSIS with SOFTWARE APPLICATION Which concrete is best sold where? The marketing team of an engineering firm noticed that some of their concrete products

STATISTICAL ANALYSIS with SOFTWARE APPLICATION

Which concrete is best sold where? The marketing team of an engineering firm noticed that some of their concrete products are having trouble being sold at some of their distribution points. So they decided to investigate the sales for three concrete types: high-strength concrete, stamped concrete, and high-performance concrete. After consulting with the sales managers at three of their distribution points (A, B and C), they suspected two possibilities as potential reasons for the sales problem. The first is simply that some concrete types just sells better than others. The second is that in general, concrete sells in some places better than in others. So, they thought that if the first reason was true, they would have to just cut down on the production of the concrete types which don't sell well. But if the second reason was true, then they would just limit normal distribution of concrete to places where it sells well. To clear these issues out they conducted a study. For each one of the three types of concrete they recorded the quantities sold at each of the three distribution points on a random sample of 45 days. The data is given in Table 1 with the following format.

Check whether the data supports the first reasons suspected by the marketing team, and state your conclusion.

Check whether the data supports the second reason suspected by the marketing team, and state your conclusion.

Based on the results of (a) and (b), propose and discuss a concrete distribution policy for this engineering firm.

Table 1

Distribution Distribution Distribution
Point A Point B Point C
High-strength concrete 223 117 201
234 99 102
259 66 130
187 55 153
160 108 183
199 79 170
216 95 169
252 113 169
197 63 160
237 105 162
219 139 143
212 144 209
257 98 181
194 118 210
220 150 192
210 140 156
177 113 172
202 149 166
254 58 181
209 110 148
209 60 169
195 100 144
193 104 173
201 120 190
187 94 177
204 112 158
206 135 155
231 136 169
195 142 190
224 152 133
159 147 139
205 116 137
179 122 155
201 119 121
230 111 169
244 69 166
200 102 162
208 85 109
215 82 184
268 82 180
243 109 164
235 109 147
186 96 102
226 83 138
208 106 111
Stamped concrete 227 148 162
228 117 150
214 95 199
152 155 281
93 199 201
151 170 217
133 145 228
150 231 240
98 170 212
75 94 110
150 174 237
211 98 190
191 134 173
202 62 163
163 151 205
127 138 198
108 118 191
86 104 233
168 126 200
129 118 250
166 170 223
124 157 216
119 101 193
119 178 208
190 124 275
188 173 205
148 185 185
171 132 159
149 145 225
69 162 245
109 145 193
178 186 201
132 141 214
139 115 210
180 169 136
179 144 203
161 202 210
174 127 211
210 200 169
134 134 188
149 134 202
90 212 238
134 170 202
121 96 183
151 89 219
High-performance concrete 161 215 157
109 267 177
148 206 121
116 325 236
145 200 118
146 212 59
210 217 140
95 220 93
142 201 83
146 170 121
178 155 93
156 230 174
119 219 163
204 174 168
179 243 97
153 151 181
178 208 166
193 239 111
134 264 127
163 165 119
139 163 110
126 159 191
201 113 74
159 197 169
114 210 176
146 202 145
154 123 52
209 148 175
134 214 68
132 172 161
129 188 166
141 214 88
194 194 170
161 304 180
151 213 94
102 107 134
200 180 140
203 196 100
100 218 134
177 149 142
141 185 203
45 190 96
67 249 98
181 233 104
145 216 107

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_2

Step: 3

blur-text-image_3

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

A Graphical Approach To College Algebra

Authors: John E Hornsby, Gary K Rockswold, Margaret K Lial

5th Edition

0321908260, 9780321908261

More Books

Students also viewed these Mathematics questions

Question

Draw the polymer made from this monomer. C Br Br

Answered: 1 week ago