Question: Construct Proxy Measure - 3 2 - 5 The following questions test your ability to complete the Libby Boxes above for the situation below. Situation:

 Construct Proxy Measure - 3 2 - 5 The following questions

Construct Proxy Measure - 3 2 - 5 The following questions test your ability to complete the Libby Boxes above for the situation below. Situation: Michelle owns a local gaming arcade. She thinks that if her employees are excited that her arcade will be more popular. She buys some high-tech mood rings to measure her employee's excitement level at random points during the day. She also keeps count of the number of people who come to the arcade. She finds a strong positive association between the excitement levels indicated by the mood rings and the number of kids in the arcade one hour later. Depict Michelle's business model with the Libby Boxes above. The Libby Boxes should include all of the items below as constructs, proxy measures or omitted variables. Items to consider: Time at which a movie in a nearby theater ended - - Arcade popularity Employee excitement - - Mood ring level - Number of kids in the arcade in an hour after measuring mood ring level Construct Proxy Measure - 3 2 - 5 The following questions test your ability to complete the Libby Boxes above for the situation below. Situation: Michelle owns a local gaming arcade. She thinks that if her employees are excited that her arcade will be more popular. She buys some high-tech mood rings to measure her employee's excitement level at random points during the day. She also keeps count of the number of people who come to the arcade. She finds a strong positive association between the excitement levels indicated by the mood rings and the number of kids in the arcade one hour later. Depict Michelle's business model with the Libby Boxes above. The Libby Boxes should include all of the items below as constructs, proxy measures or omitted variables. Items to consider: Time at which a movie in a nearby theater ended - - Arcade popularity Employee excitement - - Mood ring level - Number of kids in the arcade in an hour after measuring mood ring level

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