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Author Question: Marketing researchers asked subjects to rate the sound quality of the new Tin Ear 2000 stereo on a ... (Read 29 times)

TVarnum

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on: Jun 29, 2018
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

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Reply #1 on: Jun 29, 2018
Answer to Question 1

1.51

Answer to Question 2

0.5 million
500,000


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