(4 marks) Problem 2 Is there a difference in the way Chinese culture values affect the...

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(4 marks) Problem 2 Is there a difference in the way Chinese culture values affect the purchasing strategies of industrial buyers in Taiwan and mainland China? A study by business analysis at the National Chiao-Tung University in Taiwan attempted to determine whether there is a significant difference in the purchasing strategies of industrial buyers in Taiwan and mainland China on the cultural dimension labeled “integration". Integration is being in harmony with one's self, family, and associates. For the study, 46 Taiwanese buyers and 26 mainland Chinese buyers were contacted and interviewed. Buyers were asked to respond to 35 items using a 9-point scale with possible answers ranging from no importance (1) to extreme importance (9). The resulting statistics for the two groups are shown in the following: Taiwanese Buyers n = 46 X1-bar = 5.47 s1? = 0.4842 Mainland Chinese Buyers n = 26 Xp-bar = 5.03 sz? = 0.2341 Using a = .01, test to determine whether there is a significant difference between buyers of Taiwan and mainland China on integration. (4 marks) (4 marks) Problem 2 Is there a difference in the way Chinese culture values affect the purchasing strategies of industrial buyers in Taiwan and mainland China? A study by business analysis at the National Chiao-Tung University in Taiwan attempted to determine whether there is a significant difference in the purchasing strategies of industrial buyers in Taiwan and mainland China on the cultural dimension labeled “integration". Integration is being in harmony with one's self, family, and associates. For the study, 46 Taiwanese buyers and 26 mainland Chinese buyers were contacted and interviewed. Buyers were asked to respond to 35 items using a 9-point scale with possible answers ranging from no importance (1) to extreme importance (9). The resulting statistics for the two groups are shown in the following: Taiwanese Buyers n = 46 X1-bar = 5.47 s1? = 0.4842 Mainland Chinese Buyers n = 26 Xp-bar = 5.03 sz? = 0.2341 Using a = .01, test to determine whether there is a significant difference between buyers of Taiwan and mainland China on integration. (4 marks)

Answer rating: 100% (QA)

TwoSample TTest and CI Sample N Mean StDev SE Mean 1 46 5470 0696 010 2 26 5030 ... View the full answer