When a person is asked, How much time will you require to complete this task? cognitive theory

Question:

When a person is asked, "How much time will you require to complete this task?" cognitive theory posits that people (e.g., a business consultant) will typically underestimate the time required. Would the opposite theory hold if the question was phrased in terms of how much work could be completed in a given amount of time? This was the question of interest to researchers writing in Applied Cognitive Psychology (Vol. 25, 2011). For one study conducted by the researchers, each in a sample of 40 University of Oslo students was asked how many minutes it would take to read a 32-page report. In a second study, 42 students were asked how many pages of a lengthy report they could read in 48 minutes. (The students in either study did not actually read the report.) Numerical descriptive statistics (based on summary information published in the article) for both studies are provided in the accompanying table.

Estimated Estimated Time (minutes) Number of Pages Sample size, n Sample mean, T Sample standard deviation, s 40 40 60 4

a. The researchers determined that the actual mean time it takes to read the report is μ = 48 minutes. Is there evidence to support the theory that the students, on average, overestimated the time it would take to read the report? Test using α = .10.
b. The researchers also determined that the actual mean number of pages of the report that is read within the allotted time is μ = 32 pages. Is there evidence to support the theory that the students, on average, underestimated the number of report pages that could be read? Test using α = .10.
c. The researchers noted that the distribution of both estimated time and estimated number of pages is highly skewed (i.e., not normally distributed). Does this fact impact the inferences derived in parts a and b? Explain.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Economics

ISBN: 9780134506593

13th Edition

Authors: James T. McClave, P. George Benson, Terry Sincich

Question Posted: