Discussion Questions 1 & 2 (Due in 7 hours!!!!)

dilion

DQ #1: Sampling


For your initial post, provide an example of when you might want to take a cluster random sample instead of a simple random sample, and explain what the advantages of a cluster sample might be. Also, explain how you would choose the cluster sample.


DQ #2: Evidence


Callaway is thinking about entering the golf ball market. The company will make a profit if its market share is more than 20%. A market survey indicates that 140 of 624 golf ball purchasers will buy a Callaway golf ball.


In your initial post, answer the following questions:


Is this enough evidence to persuade Callaway to enter the golf ball market?

How would you make the decision if you were Callaway management? Would you use hypothesis testing?

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