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An article in Marketing News (T.T. Semon, "Consider a Statistical Insignificance Test," Marketing News, February 1, 1999) argued that the level of significance used when comparing two products is often too low--that is, sometimes you should be using an "a" (it looks kind of like an a....I hope that makes sense) value greater than 0.05. Specifically, the article recounted testing the proportion of potential customers with a preference for product 1 over product 2. The null hypothesis was that the population proportion of potential customers preferring product 1 was 0.50, and the alternative hypothesis was that it was not equal to 0.50. The p-value for the test was 0.22. The article suggested that, in some cases this should be enough evidence to reject the null hypothesis.
C. What would be the consequences if you rejected the null hypothesis for a p-value of 0.22?
D. Why do you think the article suggested raising the value of "a"? (looks kind of like an a, but isn't)
Suppose you have been hired to manage human resource for a small dot-com start-up. the 12-person company has spent the last year preparing to launch on the internet , and the companys two founders realize that they will need to prepare for the growth..
Adam makes a written offer to ben to sell a car for $5000 and a radio for $200.he stipulaes that the offer must be responded to 1 july 2011.on the receipt of the offer ,ben telephones adam,found him absent and leaves a massage that he could pay only ..
Successful interviews are carefully planned and executed events. Discuss the purpose and successful application of different types of interview environments (traditional, panel or committee, group, telephone, etc.)
During World War I the United States used naval vessels
Choose a particular theory of personality and explain how it can be used to describe an individual's personality.
Jack lives behind the train depot in a cheap, old rental house. He gets a lot of colds and he thinks it is because of a buildup of germs over the years in the house. The most likely cause of Jack's recurrent minor illnesses is/are
What is eBay's business model and business strategy? How successful has it been?
Discuss the meaning of professional full-time legislatures and amateur or citizen part-time legislatures.
In the 1930's the aversion to war in France and the United Kingdom was so pervasive that some pacifists preferred their own subjugation to resistance in the face of violence. Dandies in the best schools developed... eloquent rationales for inaction a..
Using the social-conflict approach, a sociologist might highlight which of the following?
Anorexia nervosa is a disorder that disportionately occurs in middle to upper class females compared to lower socioeconomic status women.
Would you also formulate a separate DSM-IV-TR diagnosis for any of the individuals you see in a couple or family? Why or why not?
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