University | Nanyang Polytechnic (NYP) |
Subject | Hypothesis Testing on Population Mean |
PART 2: Market a Customised Mobile Plan to Polytechnic Students
As part of your internship at a particular telco company, you are required to customise and market a SIM-only mobile plan to our polytechnic students – the Generation Z.
Your marketing research will involve the following:
- the average monthly mobile data usage by NYP students (from Part 1);
- the expected monthly cost that our students are willing to pay;
- the current mobile plans available in the market;
- any other useful information to customise a SIM-only mobile plan for our students.
Step 1: Frequency Table & its Probability Distribution
Expected monthly cost =
Step 2: Current SIM-only mobile plans available in the market
Step 3: Any other useful information
Step 4: Write up of the customised mobile plan for our students and justify your plan
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