Sketch picture of f distribution that illustrates p-value

Assignment Help Microeconomics
Reference no: EM131014157

Do we experience emotions differently? Do people from different cultures experience emotions differently? One study designed to examine this question collected data from 416 college students from ?ve different cultures.9 The participants were asked to record, on a 1 (never) to 7 (always) scale, how much of the time they typically felt eight speci?c emotions. These were averaged to produce the global emotion score for each participant. Here is a summary of this measure: responses were combined to form two variables: frequency, the number of emotions recorded, expressed as a percent; and intensity, an average of the intensity scores measured on a scale of 0 to 6. At the end of the 1-week experimental period, the subjects were asked to recall the percent of time that they experienced different emotions. This variable was called "recall." Here is a summary of the results:

Culture

 

European American

n

 

46

mean (s)

 

82.87 (18.26)

mean(s)

 

2.79 (0.72)

mean (s)

 

49.12 (22.33)

Asian American

33

72.68 (25.15)

2.37 (0.60)

39.77 (23.24)

Japanese

91

73.36 (22.78)

2.53 (0.64)

43.98 (22.02)

Indian

160

82.71 (17.97)

2.87 (0.74)

49.86 (21.60)

Hispanic American

80

92.25 (8.85)

3.21 (0.64)

59.99 (24.64)

F statistic

 

11.89

13.10

7.06

 

 

 

 

 

 

Note that the convention of giving the standard deviations in parentheses after the means saves a great deal of space in a table such as this.

(a) From the information given, do you think that we need to be concerned that a possible lack of Normality in the data will invalidate the conclusions that we might draw using ANOVA to analyze the data? Give reasons for your answer.

(b) Is it reasonable to used a pooled standard deviation for these data? Why or why not?

(c) The ANOVA F statistic was reported as
5.69. Give the degrees of freedom and either an approximate (from a table) or an exact (from software) P-value. Sketch a picture of the F distribution that illustrates the P-value. What do you conclude?

(d) Without doing any additional formal analysis, describe the pattern in the means that appears to be responsible for your conclusion in part

(c) Are there pairs of means that are quite similar?

Reference no: EM131014157

Questions Cloud

What are the degrees of freedom for the anova f statistic : To compare the mean scores across classes, what are the degrees of freedom for the ANOVA F statistic? The MSG = 11.806. If sp = 2.16, what is the F statistic?
Plot the means versus the number of accommodations : Most reasonable approaches to the analysis of these data would conclude that the data fail to provide evidence that the number of accommodations is related to the mean grades. Does this imply that the accommodations are not needed or does it sugge..
What is the firms earnings growth rate : The newspaper reported last week that Bennington Enterprises earned $34 million this year. The report also stated that the firm’s return on equity is 16 percent. Bennington retains 80 percent of its earnings. What is the firm's earnings growth rate? ..
Firm save by raising all of the debt in a single issue : Euro corporation is financing an on going construction project the firm will need $ 5,000,000of new capital during each of the next 3 years. Yearly flotation costs for the separation issues of debt would be3.0% of the gross amount. Ignoring time valu..
Sketch picture of f distribution that illustrates p-value : From the information given, do you think that we need to be concerned that a possible lack of Normality in the data will invalidate the conclusions that we might draw using ANOVA to analyze the data? Give reasons for your answer.
What was the variance of crash-n-burns returns : You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 5 percent, -10 percent, 28 percent, 19 percent, and 15 percent. What was the arithmetic average return on Crash-n-Burn’s stock over this five year period..
Result in initial aftertax cash savings : Och, Inc., is considering a project that will result in initial aftertax cash savings of $1.84 million at the end of the first year, and these savings will grow at a rate of 1 percent per year indefinitely. What is the maximum initial cost of company..
How we live and interact with one another : After watching it, please think carefully about the following phrase: "New technologies have changed how we live and interact with one another"; "Everybody lies on the Internet"
What profit margin must the firm achieve : Fulkerson Manufacturing wishes to maintain a sustainable growth rate of 9.5 percent a year, a debt-equity ratio of .49, and a dividend payout ratio of 28 percent. The ratio of total assets to sales is constant at 1.26. What profit margin must the fir..

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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