Companies Planning To Introduce A New Product In The Market Must Define The “target” For The Product … – Instant Assignment Help | assignmentsonline.org
Companies Planning To Introduce A New Product In The Market Must Define The “target” For The Product … – Instant Assignment Help | assignmentsonline.org
Mathematics – Instant Assignment Help | assignmentsonline.org
Companies planning to introduce a new product in the market must define the “target” for the product. Age and gender are two of the most important important demographic variables. The following two-way describes the age and marital status of American women in 1999. The table’s entries are in thousands of women.
Age (Years)
Never Married
Married
Widowed
Divorced
Total
10 to 24
10,240
2,598
9
184
13,031
25 to 39
7,640
20,129
193
2,930
30,891
40 to 64
3,234
28,923
2,357
6,764
41,278
Over 65
751
8,270
8,385
1,263
18,667
Total
21,865
59,918
10,944
11,141
103,867
- Compute the marginal distribution of marital status for all adult women (use percents). Use excel to create a bar chart to display this distribution.
- Insert this graph into Word and discuss it.
- Compare the conditional distributions of marital status for women aged 18 to 24 and women ages 40 to 64. Discuss the most important difference between the two age groups.
- Your company is planning a magazine aimed at women who have never been married. Find the conditional distribution of age among never-married women and display it in a bar graph. Insert this graph into word. Discuss what age group or groups you would suggest to your magazine to target.
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