Problem regarding the preferences of consumers

Assignment Help Accounting Basics

Reference no: EM131009236

A marketing research analyst conducted an experiment to see whether customers preferred one type of artificial sweetener over another. In the experiment, the analyst randomly assigned 60 soda drinkers to one of four groups. Each group tried a cola drink flavored with one of four sweeteners and rated the flavor.

(a) Fill in the missing cells of the ANOVA summary table.

Source	df	Sum of Squares	Mean Square	F	p-Value
Regression		150			0.0077
Residual		800
Total

(b) State and interpret the null hypothesis tested by the F-test in the analysis of this experiment.

(d) Assuming that the data meet the required condi- tions, what can we conclude from the F-test about the preferences of consumers?

Reference no: EM131009236

Questions Cloud

Bonferroni approach to adjust for effect of multiplicity : If se = +3,500, then how different must the average sales per agent in one state be from the average sales per agent in another state in order to be statistically significant? Use the Bonferroni approach to adjust for the effect of multiplicity.

F-test reject this null hypothesis : State and interpret the null hypothesis tested by the F-test in the analysis of this experiment. Does the F-test reject this null hypothesis? What is the implication for management of the F-test? Assume that the data meet the required conditions.

Compute and sketch the domain of the function : Find and sketch the domain of the function f(x; y) = (4-x2-y2)(1/2) + (1-x)(1/2). Draw a contour map of the function f(x; y) = y sec x showing several level curves.

Why does apple sit at the top of both lists : Why does Apple sit at the top of both lists? How has the company used good branding and positioning strategy to achieve this result

Problem regarding the preferences of consumers : Assuming that the data meet the required condi- tions, what can we conclude from the F-test about the preferences of consumers?

What was the firms operating cash flow during 2014 : The December 31, 2013, balance sheet of Schism, Inc., showed long-term debt of $1,465,000, $153,000 in the common stock account and $2,780,000 in the additional paid-in surplus account. What was the firm's operating cash flow during 2014?

Producing a numerical score called gullible : As part of the study underlying Example 1, each customer took a test that measures willingness to believe claims, producing a numerical score called Gullible. If the customers had not been randomly assigned, an analyst planned to fit the regressio..

Problem regarding the different amounts of fertilizer : Suppose that different amounts of fertilizer had been used in different fields that were involved in the wheat trials. (a) Explain how the use of different amounts of fertilizer confounds the experimental analysis in the absence of randomization.

Accuracy of the estimated mean of the first group : The 95% confidence interval for m derived from a sample of n observations from a normal population gets smaller as the sample size increases because the standard error of the mean s> 1n decreases. Adding more groups to an ANOVA also increases n. (..

User Account

All Pages