A study was conducted to determine whether a correlation exists between consumers perceptions of a television commercial
Question:
A study was conducted to determine whether a correlation exists between consumers’ perceptions of a television commercial (measured on a special scale) and their interest in purchasing the product (measured on a scale). The results are n = 65 and r = 0.37. Is there statistical evidence of a linear correlation between the two variables?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
n 65 r 037 t 63 316 ...View the full answer
Answered By
Aun Ali
I am an Associate Member of Cost and Management Accountants of Pakistan with vast experience in the field of accounting and finance, including more than 17 years of teaching experience at university level. I have been teaching at both undergraduate and post graduate levels. My area of specialization is cost and management accounting but I have taught various subjects related to accounting and finance.
5.00+
13+ Reviews
32+ Question Solved
Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
Question Posted:
Students also viewed these Statistics questions
-
A study was conducted to determine whether lifestyle changes could replace medication in reducing blood pressure among hypertensives. The factors considered were a healthy diet with an exercise...
-
A study was conducted to determine whether certain features could be used to explain variability in the prices of furnaces. For a sample of 19 furnaces, the following regression was estimated: y =...
-
A study was conducted to determine whether automobile repair charges are higher for female customers than for male customers. Twenty auto repair shops were randomly selected from the telephone book....
-
Use the accompanying graph of y = f(x). Does exist? If it does, what is it? lim f(x)
-
We know from Section 2.3 that there are possible SRSs of size n from a population of size N. Suppose we stratify the population into H strata, where each stratum contains Nh = N/H units. A stratified...
-
Consider the following situations for Shocker: 1. On November 28, 2021, Shocker receives a $4,500 payment from a customer for services to be rendered evenly over the next three months. Deferred...
-
Consider a dataset consisting of 20 observations with the following summary statistics: \(\bar{x}=0, \bar{y}=9, s_{x}=1\), and \(s_{y}=10\). You run a regression using using one variable and...
-
There are 200 pounds of food on an island that must be allocated between 2 marooned sailors. The utility function of the first sailor is given by Utility = F1 Where F1 is the quantity of food...
-
The following data from the just completed year are taken from the accounting records of Mason Company: Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses...
-
1. Describe the elements of ROWE. What do you think might be the advantages and drawbacks of this program? 2. Using one or more motivation theories from the chapter, explain why you think ROWE works....
-
The following data are indexed prices of gold and copper over a 10-year period. Assume that the indexed values constitute a random sample from the population of possible values. Test for the...
-
Using the Fisher transformation (described in footnote 5), carry out a two-tailed test of the hypothesis that the population correlation coefficient for the situation of problem 1034 is p = 0.22. Use...
-
An air space in a certain building wall is 10 cm thick and 2 m high. Estimate the free-convection heat transfer through this space for a temperature difference of 17oC.
-
Given three vectors \(\mathbf{a}, \mathbf{b}\) and \(\mathbf{b}\) show, making use of the representation with the determinant that: \((\mathbf{a} \times \mathbf{b}) \cdot \mathbf{c}=\mathbf{a}...
-
Given three vectors \(\mathbf{a}, \mathbf{b}\) and \(\mathbf{c}\) show that in intrinsic representation the magnitude: \(V=(\mathbf{a} \times\) b) - c corresponds to the volume of the parallelepiped...
-
A particle moves on a straight line with acceleration \(a(t)=\alpha t+\beta\), with \(\alpha=18 \mathrm{~m} / \mathrm{s}^{3}\) and \(\beta=-8 \mathrm{~m} / \mathrm{s}^{2}\). Calculate its velocity at...
-
Verify that the launch angle \(\theta\) that produces the maximum range corresponds to \(45^{\circ}\). Verify further that in the absence of friction, although the trajectory changes, the range...
-
Two carts connected to each other (Fig. 7.16) with a horizontal inextensible bar, move with a constant velocity \(v_{0}=10.0 \mathrm{~m} / \mathrm{s}\) on straight track parallel to the ground. Each...
-
ACE inhibitors and other vasodilators are used in the early treatment of HF. They act to a. Decrease workload on the heart by lowering preload and afterload. b. Increase arterial pressure and...
-
U.S. households have become smaller over the years. The following table from the 2010 GSS contains information on the number of people currently aged 18 years or older living in a respondent's...
-
Many companies now provide information from their annual reports on their company websites. Find a company of your choice, and collect sales data for at least 10 periods. Create a graph of the data,...
-
Statistics Canada collects data and computes a monthly index for computer prices. There is an index for computers sold to consumers, and one for business or government. A data set of this price index...
-
An economist wants to study the relationship between household income and monthly spending on restaurant meals. Data are collected from a random sample of households. Create an appropriate graph of...
-
The first video I have for your discussion is "Shock and Awe:The Story of Electricity" Part 1 is called "Spark"It runs from 0:00 to about 58 min, on the following link....
-
Find the present value of a 1 0 - year annuity of $ 8 0 0 0 per annum, given the interest rate of 6 % for the first year, 7 % for the second year, 8 % for the third year, 9 % for the fourth year, and...
-
The management accounting team of XYZ plc also came up with some questions and requested you to explain/answer them for the upcoming board meeting: 1. A chain of XYZ plc, BHealthy Ltd is a wholesale...
Study smarter with the SolutionInn App