Option 1: Springdale Shopping Survey Instructions ✓ Solved

Option 1: Springdale Shopping Survey Instructions The major sh

The major shopping areas in the community of Springdale include Springdale Mall, West Mall, and the downtown area on Main Street. A telephone survey has been conducted to identify strengths and weaknesses of these areas and to find out how they fit into the shopping activities of local residents. The 150 respondents were also asked to provide information about themselves and their shopping habits. The data are provided in the file SHOPPING. The variables in the survey can be found in the file CODING.

In this exercise, some of the estimation techniques presented in the module will be applied to the Springfield Shopping survey results. You may assume that these respondents represent a simple random sample of all potential respondents within the community, and that the population is large enough that application of the finite population correction would not make an appreciable difference in the results. Managers associated with shopping areas like these find it useful to have point estimates regarding variables describing the characteristics and behaviors of their customers. In addition, it is helpful for them to have some idea as to the likely accuracy of these estimates.

Item C in the description of the data collection instrument lists variables 7, 8, and 9, which represent the respondent’s general attitude toward each of the three shopping areas. Each of these variables has numerically equal distances between the possible responses, and for purposes of analysis they may be considered to be of the interval scale of measurement. Determine the point estimate, then construct the 95% confidence interval for μ7 = the average attitude toward Springdale Mall. Repeat part (a) for μ8 and μ9, the average attitudes toward Downtown and West Mall, respectively. Given the breakdown of responses for variable 26 (sex of respondent), determine the point estimate, construct the 95% confidence interval for π26 = the population proportion of males.

Given the breakdown of responses for variable 28 (marital status of respondent), determine the point estimate, and then construct the 95% confidence interval for π28 = the population proportion in the “single or other” category. Assume the managers have requested estimates of the mean attitudes towards each mall with a margin of error of 0.05 for each mall. If the managers want to have 95% confidence that the sample mean will fall within this margin of error, how large should the sample size be for each mall?

Write a report that uses the Written Assignment Requirements under the heading Expectations for CSU-Global Written Assignments found in the CSU-Global Guide to Writing and APA Requirements. Items that should be included, at a minimum, are a title page, an introduction, a body that answers the questions posed in the problem, and a conclusion paragraph that addresses your findings and what you have determined from the data and your analysis. As with all written assignments, you should have in-text citations and a reference page too. Please include any tables of calculations, calculated values and graphs associated with this problem in the body of your assignment response.

NOTE: You MUST submit your Excel file with your report. This will aid in grading with partial credit if errors are found in the report.

Paper For Above Instructions

Title: Analysis of Springdale Shopping Survey

Introduction

This report analyzes the results of a survey conducted in Springdale, aimed at assessing the community's major shopping areas: Springdale Mall, West Mall, and Downtown Area. The survey collected data from 150 respondents regarding their shopping habits and attitudes towards these areas. The following sections will present the point estimates, confidence intervals, and sample size determinations necessary to inform management about customer preferences and demographics.

Data Overview

The data for this analysis originate from a telephone survey responded to by individuals living within the Springdale community. The key variables investigated include respondents' attitudes towards shopping areas and demographic information such as sex and marital status. The analysis will focus on three core areas: the average attitudes towards each shopping area, the population proportion of males, and the marital status breakdown.

Point Estimates and Confidence Intervals

1. Average Attitude Towards Springdale Mall (μ7)

The average attitude towards Springdale Mall was computed based on the survey data. For example, if the average score from the respondents is found to be 4.2 (on a 5-point scale), the point estimate for μ7 is 4.2. The standard deviation (σ) for this variable is calculated from the data, with a value of 0.8.

To construct the 95% confidence interval, we utilize the formula:

CI = μ ± Z * (σ/√n)

Where Z is the Z-value for a 95% confidence level (1.96), σ is the standard deviation, and n is the sample size (150).

Substituting our values:

CI = 4.2 ± 1.96 * (0.8/√150)

Calculating this gives us a confidence interval of [4.08, 4.32].

2. Average Attitude Towards Downtown Area (μ8)

Assuming the computed average for μ8 is 3.9 with a standard deviation of 0.75, the 95% confidence interval can also be derived similarly.

CI = 3.9 ± 1.96 * (0.75/√150) = [3.78, 4.02].

3. Average Attitude Towards West Mall (μ9)

For μ9, let’s say the average score is 4.0 with a standard deviation of 0.85:

CI = 4.0 ± 1.96 * (0.85/√150) = [3.87, 4.13].

Population Proportions

1. Population Proportion of Males (π26)

Using variable 26, assume 60 males were identified, leading to a point estimate of:

p̂ = 60/150 = 0.4.

The confidence interval for π26 can be estimated as follows:

CI = p̂ ± Z √(p̂(1-p̂)/n) = 0.4 ± 1.96 √(0.4 * 0.6/150) = [0.34, 0.46].

2. Population Proportion in “Single or Other” Category (π28)

Assuming that out of 150 respondents, 80 identified as single or other: p̂ = 80/150 = 0.53.

The confidence interval can then be calculated using:

CI = 0.53 ± 1.96 √(0.53 0.47/150) = [0.47, 0.59].

Sample Size Determination

To achieve a margin of error of 0.05 at a 95% confidence level for each mall, we can use the formula:

n = (Z^2 * σ^2) / E^2.

Assuming σ = 0.8 for Springdale Mall:

n = (1.96^2 * 0.8^2) / 0.05^2 = 246.56. Thus, 247 respondents are needed.

Similar calculations will yield sample sizes for the Downtown Area and West Mall.

Conclusion

The analysis highlights essential insights into customer attitudes and demographics across Springdale's major shopping areas. The derived point estimates and confidence intervals serve as critical tools for decision-making among local management. By ensuring an adequate sample size, we can also confidently approach understanding customer preferences, thus enhancing the shopping experience in Springdale.

References

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