Prediction-request and to request-only

Assignment Help Finance Basics
Reference no: EM131533806

Question: One experiment contrasted responses to "prediction...

One experiment contrasted responses to "prediction-request" and to "request-only" treatments, in order to answer two research questions.

i. Can people predict how well they will behave?

ii. Do their predictions influence their behavior?

In the prediction-request group, subjects were first asked to predict whether they would agree to do some volunteer work. Then they were requested to do the work. In the request-only group, the subjects were requested to do the work; they were not asked to make predictions beforehand. In parts (a-b-c), a two-sample z-test may or many not be legitimate. Ir it is legitimate, make it. If not, why not?

a. 46 residents of Bloomington, Indiana were chosen at random for the "prediction-request" treatment. They were called and asked to predict "whether they would agree to spend 3 hours collecting for the American Cancer Society if contacted over the telephone with such a request." 22 out of the 46 said that they would. Another 46 residents of that town were chosen at random for the "request only" treatment. They were requested to spend the 3 hours collecting for the American Cancer Society. Only 2 our of 46 agreed to do it. Can the difference between 22/46 and 2/46 be due to chance? What do the data say about the research questions (i) and (ii)?

b. Three days later, the prediction-request group was called again, and requested to spend 3 hours collecting for the American Cancer Society: 14 out of 46 agreed to do so. Can this difference between 14/46 and 2/46 be due to chance? What do the data say about the research questions (i) and (ii)?

c. Can the difference between 22/46 and 14/46 be due to chance? What do the data say about the research questions (i) and (ii)?

Reference no: EM131533806

Questions Cloud

Explained as a chance variation : Can the difference between 60% and 54% be explained as a chance variation? Or was it the scandals? Or something else?
Does mcdonalds have a right to advertise as much as it want : Does McDonald's have a right to advertise as much as it wants? What role do parents play? What role should government play?
Explain the overall goal of a supply chain : Explain the overall goal of a supply chain. Describe the difference between a supply that is responsive (service) and a supply chain that is efficient.
Parenthesis t less than or equals : Let t 0t0 be a specific value of t. Use the table of critical values of t below to find t 0 dash valuest0-values such that the following statements are true.
Prediction-request and to request-only : One experiment contrasted responses to "prediction-request" and to "request-only" treatments, in order to answer two research questions.
Identify the key characteristics : Identify the key characteristics that drive business decisions on an international and domestic level.
Describe an example situation or characteristic way : Describe an example situation or characteristic way of behaving in which you see these defense mechanisms play out in your own life.
What are the components of discretionary benefits : What are the components of discretionary benefits? Identify an organization that effectively includes those benefits in its benefits portfolio.
What are some of the possible drawbacks for companies : What are some of the possible drawbacks for companies that employ temporary workers? Do you believe that these drawbacks outweigh the cost savings?

Reviews

Write a Review

Finance Basics Questions & Answers

  Briefly compare the two leading stock exchanges

Identify and briefly compare the two leading stock exchanges in the United States today.

  What is the cost of equity from retained earnings

Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: rRF = 4.10%; RPM = 5.25%; and b = 1.30. Based on the CAPM approach, what is the cost of equity from retained ear..

  What price do you think compressor controls should charge

How would you determine the value of this product and what price do you think Compressor Controls should charge for this product?

  Determine the compound annual growth rate

Suppose an investment with the following returns over four years. Determine the compound annual growth rate for this investment over the 4 years?

  An investor can design a risky portfolio based on two stock

An investor can design a risky portfolio based on two stocks,

  Acquired sum can be paid with 40 percent of the annuity sum

Following eight years Mr Tiwari will get an annuity of Rs.10,000 every month for 20 a long time. The amount of can Mr. Tiwari obtain now at 12 percent intrigue so that the acquired sum can be paid with 40 percent of the annuity sum? The hobby will be..

  What was gdp in 2008 for illinois

What was GDP in 2008 for Illinois? How does Illinois rate when compared to other states?

  When the genesis and sensible essential teams held their

when the genesis and sensible essential teams held their weekly meeting the time value of money and its applicability

  The graham corporation has annual sales of 90 million the

the graham corporation has annual sales of 90 million. the average collection period is 70 days. what is grahams

  Statement of cash flows that describe the change

Statement of cash flows that describe the change that occurred in cash and you may assume that the change in each balance sheet amount is due to a single event

  Suppose a company had 8 million net income for year 2010

suppose a company had 8 million net income for year 2010 and paid out dividends of 0.5 per share. the company has 10

  What are the elements of a strategic staffing diagnostic

What are the elements of a strategic staffing diagnostic model? That is, a structured approach to determining where the personnel needs of the organization exist?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd