Suppose you have been hired as a management consultant by a major oil company to help it optimally price gasoline at its service stations. Your client would like your team to perform a study on​ customers' gasoline purchasing habits when they notice an increase in the price of gas. You have access to the following groups of​ people: Group Description Number in Group People who have not noticed a​ gas-price increase 30 People who drive electric cars 35 People who have recently noticed a​ gas-price increase 80 People who ride their bikes to work 20 People who ride the bus 100   To set up your experiment on how​ price-increase awareness impacts customer​ behavior, you would have ­­______   people in your treatment group and ______ people in your control group.

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.3: Conditional Probability; Independent Events; Bayes' Theorem
Problem 81E
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Suppose you have been hired as a management consultant by a major oil company to help it optimally price gasoline at its service stations. Your client would like your team to perform a study on​ customers' gasoline purchasing habits when they notice an increase in the price of gas.

You have access to the following groups of​ people:

Group Description

Number in Group

People who have not noticed a​ gas-price increase

30

People who drive electric cars

35

People who have recently noticed a​ gas-price increase

80

People who ride their bikes to work

20

People who ride the bus

100

 

To set up your experiment on how​ price-increase awareness impacts customer​ behavior, you would have ­­______   people in your treatment group and ______ people in your control group.

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