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Author Question: Does consumer behavior depend on the gender of consumer? Explain using ... (Read 146 times)

newbem

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on: Jun 24, 2018
Does consumer behavior depend on the gender of consumer? Explain using probabilities.

Question 2

What is an example of a problem in which the sample data is likely to be paired?
 a. the difference between the means of appraised and sales house prices
  b. the difference between the proportion of defective items from two suppliers
  c. the difference in the mean life of two major brands of batteries
  d. the difference in the mean salaries for graduates in two different academic fields at a university
  e. none of these choices


lin77x

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Reply #1 on: Jun 24, 2018
Answer to Question 1

P(male and enjoys shopping for clothing) = 0.272
P(male) . P(enjoys shopping for clothing) = (0.48)(0.72) = 0.3456
Since 0.272 0.3456, we conclude that consumer behavior and gender are dependent of each other.

Answer to Question 2

a


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newbem

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Reply #2 on: Jun 24, 2018
Thank you


lin77x

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Reply #3 on: Jun 24, 2018
No problemo


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