PSYB10H3 Lecture Notes - Lecture 8: Petro-Canada, Aeroplan, American Express
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You have been hired as a consultant for petro canada to conduct a statistical study to determine how many petro points should be given to entice existing members of its loyalty petro points. To do this you need to get a sample of exist point members and the amount of points they would want to do the survey. 7. 1 column 6, illustrate how you would select the first 5 individuals to include in the sample. The bank you work for is planning to launch a new american express credit card. It would like customers using the bank"s old visa card to switch to the new amex card. The bank plans to give its customers some free aeroplan miles to entice them to switch. Your role is to conduct a statistical study to determine how many miles should be given since miles cost the bank money.
