A marketing manager is interested in the number of trips per month that people take to a

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A marketing manager is interested in the number of trips per month that people take to a nearby shopping center. Denote the number of trips per month by X.

The manager feels that the variance of X is 16 for women and 9 for men. He decides to stratify by sex, and there are 100 males and 200 females in the population of interest. He takes a random sample of 10 males and another random sample of 15 females and gets the following results:image text in transcribed

(a) Estimate the mean of each of the two strata and the mean of the entire population by pooling the samples.

(b) Determine the variance of the pooled samples.

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Related Book For  book-img-for-question

Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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