Author Question: Marketing researchers asked subjects to rate the sound quality of the new Tin Ear 2000 stereo on a ... (Read 77 times)

TVarnum

  • Hero Member
  • *****
  • Posts: 548
Marketing researchers asked subjects to rate the sound quality of the new Tin Ear 2000 stereo on a scale of 1 (terrible) to 5 (excellent). One subject gave the Tin Ear 2000 a rating of 5; three subjects rated it a 4; nine subjects rated it a 3; fifty-three subjects rated it a 2; and ninety-eight subjects rated it a 1. What was the average rating of the Tin Ear 2000's sound? (Round to two decimal places.)

Question 2

There are three burger joints in Smallville. Gut Busters has 65 percent market share; Sliders has 20 percent market share; and Greazies has 15 percent market share. Total burger sales in Smallville last year totaled 2.5 million. How much of that amount was sold at Sliders?



triiciiaa

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

1.51

Answer to Question 2

0.5 million
500,000



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

For a complete list of videos, visit our video library