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Branding, part 2. In the study described in Exercise 54, the researchers also contacted the subjects again, 24 hours later, and asked them to recall the brands advertised. Results for the number of brands recalled are summarized in the table.
June
54 49 68 66 62 62
Mean
3.02
2.72
4.65
August
50 65 74 64 68 72
SD
1.61
1.85
1.62
a) Is there a significant difference in viewers' abilities to remember brands advertised in shows with violent vs. neutral content?
b) Find a 95% confidence interval for the difference in mean number of brand names remembered between the groups watching shows with sexual content and those watching neutral shows. Interpret your interval in this context.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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