MGMT 1050 Final: MGMT 1050 - Final exam 06.doc

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Part i - problem recognition (24 marks, 3 marks each) 2 for hypotheses, 1 for test. A ski company in whistler owns two ski shops, one near. The following data were collected from both stores: The company would like to test for a difference in daily average goggle sales between the two stores. The state lottery office claims that the average household income of those people playing the lottery is greater than. They also know that the distribution of these households" income is normal with a standard deviation of. To test their claim a sample of 25 households was studied. It was found that the average income in the sample was ,243. In random samples of 1000 people in the united states and in france, 70% of the people in the unites states and 75% of the people in france indicated that they were positive about the future economy. The distributor of the post, a regional newspaper serving.

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