Beruflich Dokumente
Kultur Dokumente
In early 2000, Foot Locker was thinking to change its strategy. They were rethinking of their companys retail mix for shoe. Main Aim of Foot Locker is to maximize profit. In year 2002, company started to stock more lower price foot wear. Company had reduced its inventory of sneakers priced at $120 by 50%.
2000
115 38 37 30 22 21 11 17
2006
126 40 35 27 20 20 11 18
Where :
STEP 3 : Using = .01 Degree of Freedom = (r-1)(c-1) Where r = number of rows c = number of columns
Price Category
2000
2006
115 (119.27) 38 (38.60) 37 (35.63) 30 (28.21) 22 (20.79) 21 (20.29) 11 (10.89) 17 (17.32) 291
126 (121.73) 40 (39.40) 35 (36.37) 27 (28.79) 20 (21.21) 20 (20.71) 11 (11.11) 18 (17.68) 297
241 78 72 57 42 41 22 35 588
Now, Calculating
$30 Less than $40 $40 Less than $50 $50 Less than $60 $60 Less than $70
By using Chi- Square formula calculating = 0.85 ACTION: The observed critical value of
= 18.4753, so the
$80 Less than $90 $90 Less than $100
Find out if there is any relation ship between the sex of the employee and geographic Location location in terms of no. suggestions?
29 48 52 28 78 47
Where :
STEP 3 : Using = .01 Degree of Freedom = (r-1)(c-1) Where r = number of rows c = number of columns
Here df = ( 6-1)(2-1) = 5 = 15.0863 U.S. West : U.S. South U. S. East U. S. North Europe Australia 29 (41.27) 48 (38.98) 52 (64.77) 28 (30.38) 78 (63.05) 47 (43.56)
282
SEX
Now, Calculating
By using Chi- Square formula calculating = 28.72 ACTION: The observed critical value of
Where :
230 770
194 804
Now, at Alpha = 0.01 and taking two- tailed test into consideration, so /2 = 0.005 and df = 1 The critical table value of chi square is = 7.8797
Here the observed value of chi square 8.11, is greater than the critical value i.e., = 7.8797. Therefore the decision is to reject the null hypothesis.