A survey of 2645 consumers by DDB Needham Worldwide of Chicago for public relations agency Porter/Novelli showed that how a company handles a crisis when at fault is one of the top influences in consumer buying decisions,with 73% claiming it is an influence. Quality of product was the number one influence, with 96% of consumers stating that quality influences their buying decisions. How a company handles complaints was number two, with 85% of consumers reporting it as an influence in their buying decisions. Suppose a random sample of 1,100 consumers is taken and each is asked which of these three factors influence their buying decisions.

Answers

Answer 1

Answer:

Step-by-step explanation:

The question that follows the passage include:

[tex]\text{a. What is the probability that more than 810 consumers claim that how a company } \\ \\ \text { handles a crisis when at fault is an influence in their buying decisions?}[/tex][tex]\text{b. What is the probability that fewer than 1,030 consumers claim that quality} \\ \\ \text{ of product is an influence in their buying decisions?}[/tex]

From the given information:

the sample size = 1100

P = 73% = 0.73

Sample proportion [tex]\hat p = \dfrac{810}{1100} = 0.7364[/tex]

The Z test statistics can be computed as:

[tex]Z = \dfrac{\hat p - p}{\sqrt{\dfrac{p(1-p)}{n}}}[/tex]

[tex]Z = \dfrac{0.7364 - 0.73}{\sqrt{\dfrac{0.73(1-0.73)}{1100}}}[/tex]

[tex]Z = \dfrac{0.0064}{\sqrt{\dfrac{0.1971}{1100}}}[/tex]

[tex]Z =0.478[/tex]

a) Now the required probability of more than 810 claims is:

[tex]P(X> 810) = 1 - P(X<810) \\ \\ \implies 1 - ( X< 0.478) \\ \\ \implies 1 - 0.68367 \\ \\ = \mathbf{0.3163}[/tex]

b) The probability of less than 1030 consumers is:

Probability of quality product influencers = 96%  = 0.96

Sample proportion [tex]\hat p = \dfrac{1030}{1100}[/tex] = 0.9364

The Z test Statistics is:

[tex]Z = \dfrac{\hat p - p}{\sqrt{\dfrac{p(1-p)}{n}}}[/tex]

[tex]Z = \dfrac{0.9364 - 0.96}{\sqrt{\dfrac{0.96(1-0.96)}{1100}}}[/tex]

[tex]Z = -3.994[/tex]

[tex]P(X < 1030) = 1 - P(3.99) \\ \\ \implies 1 - 0.99999669 \\ \\ \implies \mathbf{0.00003 }[/tex]


Related Questions

Answer this correctly and I will give u brainslist and this is worth 15 points

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The answer is A) 60°

Step-by-step explanation:

It's reflecting

A. 60 degrees first answer

whats the answer a b c and d?

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Answer:

VC & WC

Step-by-step explanation:

It's going to be the sides opposite the equal angles.

A pet shop is 10 dogs, 15 cats, 6 birds , and 4 snakes . What is the ratio of dogs to pets?​

Answers

Answer:

2:7

Step-by-step explanation:

10+15+6+4=35

given dogs=10

10/35=2/7

2:7

Find the area of the figure below.

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Answer:

153.86

Step-by-step explanation:

A pair of Sneakers cost $112 after it was marked up by 75%. How much
did it cost before the mark up?

Answers

Question

A pair of Sneakers cost $112 after it was marked up by 75%. How much

did it cost before the mark-up?

Answer

Divide the gross profit by the cost and multiply by 100 to calculate your percentage markup. In the example, divide $75 by $100 which equals $0.75, and multiply by 100 to give you 75 percent. Your markup on cost price is 75 percent.

Therefore, the answer would be (196)

Answer:

i believe the answer would be $448

Step-by-step explanation:

hopefully this helps :)

have a nice day !!

**please let me know if this was wrong**

Greatest common factor of 2x^3 and 5x

Answers

answer: x

explanation: they only share x

Select the statement that describes this expression: 5 x (3 + 4) − 4.

5 times the sum of 3 and 4, then subtract 4
5 times 3 plus 4 minus 4
5 more than the sum of 3 and 4, and then subtract 4
5 times 3 plus the difference of 3 and 4

will give branlist

Answers

5 times the Sum of 3 and 4, then subtract 4

Answer:

5 times the sum of 3 and 4, then subtract 4

Step-by-step explanation:

simplify your math.

5(7)-4

35-4

31

Question 3 (1 point)
(07.07)
Find the product of (x + 5)2. (1 point)
O a
x2 - 10x + 25
Ob
x² – 25
Oc
x2 + 25
Od
x2 + 10x + 25

Answers

Answer) Od
(a+b)2 =a2+2ab+b2

PLS HELP AND ANSWER QUICK PLZ

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63°

Step-by-step explanation:

my answer got deleted sorry!

Need help plzzzzzzz!!!!

Answers

Answer:

there is no image

Step-by-step explanation:

a Carver begins work on the following block of granite that weighs 2700g what is the density of the granite ​

Answers

Density" of the given granite block is 2.7g/cm

3

.

Explanation:

Density of an object is defined as the mass occupied per unit volume. “Density” is represented by “ρ”. Mathematically, \rho=\frac{m}{v}ρ=

v

m

where, “m" mass of an object and "v" is volume of an object.

Given that,

Dimensions of the block are 20 cm, 5 cm and 10 cm.

\text { Volume of the block is } l \times b \times h Volume of the block is l×b×h

\text { Volume of the block is } 20 \times 5 \times 10 Volume of the block is 20×5×10

\text { Volume of the block is } 1000 \mathrm{cm}^{3} \text { . } Volume of the block is 1000cm

3

.

Mass of the block is 2700 g.

Substitute the given values in \rho=\frac{m}{v}ρ=

v

m

to find density of a block.

\rho=\frac{2700}{1000}ρ=

1000

2700

\rho=2.7 \mathrm{g} / \mathrm{cm}^{3}ρ=2.7g/cm

3

\text { "Density" of the given granite block is } 2.7 \mathrm{g} / \mathrm{cm}^{3} "Density" of the given granite block is 2.7g/cm

3

Two apples and six plums provide 300 calories. Three apples and five plums provide
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Answers

Answer:

4,596

Step-by-step explanation:

Joyce determines that 30% of her monthly income goes for rent. If her monthly income is $2,009, about how much is her monthly rent? How much is her yearly rent?

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Answer:

602.7

7,232.4

Step-by-step explanation:

2009 x 0.30 = 602.7

602.7 x 12 = 7232.4

Henry earned $558.40 for working 32 hours. What is Henry's hourly
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Answer:

18.64 is the answer

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Answer:

C. 248

Step-by-step explanation:

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7. Round the following numbers off to the nearest 10
a) 34 555=
B)25332=
C)5=

Answers

Answer:

a) thirty-five(35)

b) twenty-five(25)

c) ten (10)

Given: 7X/2 < 5. Choose the solution set. {x | x < 10/7} {x | x >10/7 } {x | x < 35/2} {x | x > 35/2}

Answers

Answer:

{x | x < 10/7}

Step-by-step explanation:

d - 41 = 19

Choose the answer that shows what to do in the process step, and what the solution (answer is).

Question Options:

add 41; d = 60

subtract 41; d = 60

multiply by 41; d = 60

divide by 41; d = 60

Answers

Answer:

see explanation

Step-by-step explanation:

add 41; d = 60

The asking price for homes on the real estate market in Baltimore has a mean value of $286,455 and a standard deviation of $11,200. The mean and standard deviation in asking price for homes in Denver are $188,468 and $8,230, respectively. Recently, one home sold in each city where the asking price for each home was $193,000. Assuming that both distributions are bell-shaped, which of the following statements is true?
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E) Boş bırak

Answers

Answer:

C) Both cities have the same coefficient of variation

GIVING OUT BRAINLIST QUICK! I CAN ONLY GIVE BRAINLIST IF 2 PEOPLE ANSWER!

Answers

Answer: 7 i think

Step-by-step explanation:

Answer: Octagon & 6.2

Step-by-step explanation:

octagons have 8 sides and 3.1 x 4 = 12.4 divided by 2 = 6.2

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Answers

Answer:

X= 7

Step-by-step explanation:

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Answers

Answer:

i personally would much rather have $20 off, because as the price goes up the less money you get off of the total price. but with $20 off, youre automatically getting $20 off. if you were to get %20 off of something that is $50, youd only get about $10 off, but if you used the $20 off coupon, you would get $20. which would be much better. so instead of partially getting some of it off, you can get a much larger amount off

The main office staff collected 55 cans, the counseling staff collected 89 cans, and the custodial staff collected 67 cans.

Answers

what are you trying to ask here?
What is the rest of the question?

answer dis please ill give brainliest

Answers

Answer:

A= 81

------------

Hope this helps :)

5. A trapezoid has a base of 20 inches and 30 Inches. The height of the trapezoid is 15
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Answers

Add the top and bottom together, divide by 2 then multiply by the height.

20 + 30 = 50

50/2 = 25

25 x 15 = 375

The area is 375 square inches.

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Answers

Answer:

18 and -2

Step-by-step explanation:

x (y) = -36

x + y = 16

Answer:

18 n 2

Step-by-step explanation:

Looking for some help!

Please only answer if you know the answer, the comment section is right below. Please don't waste my points!

Also, please show all of your work, you are trying to help me better understand the concept, not just give me the answer.

The image is down below. Show work! Thanks!

Answers

Answer:

5√216

Step-by-step explanation:

Use the property of 45 degree right triangles

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x = 5√2

Bottom diagram

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(3,5) is the answer i think

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Step-by-step explanation:

griminology is one of part of body

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Answers

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