This topic contains a solution. Click here to go to the answer

Author Question: Hillman Management Services manages apartment complexes in Tulsa, Oklahoma. They currently have 30 ... (Read 120 times)

Mr. Wonderful

  • Hero Member
  • *****
  • Posts: 866
Hillman Management Services manages apartment complexes in Tulsa, Oklahoma. They currently have 30 units available for rent. The monthly rental prices (in dollars) for this population of 30 units are:
 
  455 690 450 495 550 780 800 395 500 405
  675 550 490 495 700 995 650 550 400 750
  600 780 650 905 415 600 600 780 575 750
 
  What is the range of possible sampling error if a random sample of size n = 10 is selected?
  A) -174.21 to 191.12
  B) -182.59 to 169.91
  C) -164.33 to 178.67
  D) -162.16 to 171.51

Question 2

An advertising company is interested in determining if there is a difference in the mean sales that will be generated for a soft drink company based on which shelf the soft drinks are located. There are four possible shelf levels.
 
  The ad company wants to control for store size. The following data reflect the sales for one week at each combination of shelf level and store size. Level 1 Level 2 Level 3 Level 4Small Store 300 200 500 200Medium Store 400 180 600 200Large Store 600 300 900 400Based on the experimental design, the managers should conclude that they were justified in blocking on store size if they test using a 0.05 level of significance. Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amanda_14

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

C

Answer to Question 2

TRUE




Mr. Wonderful

  • Member
  • Posts: 866
Reply 2 on: Jun 24, 2018
Gracias!


cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

For a complete list of videos, visit our video library