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STAT1070 Assignment 2 Q2, PMBA 305 - Module 3 & 4 Quantitative Aspects Of Decision Making (Total 34 Problems)

18/05/2020 Client: aashis Deadline: 2 Day

Module #3: Sampling Distributions, Estimates, and Hypothesis Testing & Module #4: Two-Sample Tests and Simple Linear RegressionSample questions are as under:


SAMPLE QUESTIONS:




[1] In an article in Marketing Science, Silk and Berndt investigate the output of advertising agencies. They describe ad agency output by finding the shares of dollar billing volume coming from various media categories such as network television, spot television, newspaper, radio, and so forth.


Suppose that a random sample of 400 U.S. advertising agencies gives an average percentage share of billing volume from network television equal to 7.46 percent with a standard deviation of 1.42 percent. Further, suppose that a random sample of 400 U.S. advertising agencies gives an average percentage share of billing volume from spot television commercials equal to 12.44 percent with a standard deviation of 1.55 percent.




Using the sample information, does it appear that the mean percentage share of billing volume from spot television commercials for the U.S. advertising agencies is greater than the mean percentage share of billing volume from network television? Explain.

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