What statistical procedures are suitable for analyzing data

Assignment Help Econometrics
Reference no: EM131165487

Many foods and beverages, such as coffee and scotch, are frequently termed "acquired tastes." Pliner (1982) was interested in investigating whether familiarity with a flavor leads to greater approval-the "acquired-taste" phenomenon. She had 24 undergraduates taste each of four unfamiliar tropical fruit juices 0, 5, 10, or 20 times. (For each participant she randomized which juice would be tasted how many times.) Participants were then asked to rate the degree to which they liked the taste of the juice. What statistical procedures are suitable for analyzing these data? What test would she use if she wanted a distribution-free test? (Note: She found the effect that she had expected-greater familiarity led to greater approval.)

Reference no: EM131165487

Questions Cloud

What different sampling techniques in quantitative research : What percentages represent the standard normal distribution for continuous random variables according to the empirical rule? What are the different sampling techniques in quantitative research? How can we gather samples and how does this affect our p..
How are the technologies related to upss business strategy : What technologies are used by UPS? How are these technologies related to UPS's business strategy? What strategic business objectives do UPS's information systems address?
Find the price and the quantity at the intersection : Find the price and the quantity at the intersection of two demand curves with a kink. Identify the portions of the two demand curves, with "L shape above the kink" and the portion of the other two demand curves with "reverse L shape below the kink
Why do nations care about having outlets to the ocean : Why do nations care about having outlets to the ocean? Are landlocked nations at a disadvantage? What are geographers and economists saying about this? Could there be different views on this issue?
What statistical procedures are suitable for analyzing data : Participants were then asked to rate the degree to which they liked the taste of the juice. What statistical procedures are suitable for analyzing these data? What test would she use if she wanted a distribution-free test? (Note: She found the eff..
Assessing income statements using percentage-of completion : Constructing and Assessing Income Statements Using Percentage-of Completion On March 15, 2014, Frankel Construction contracted to build a shopping center at a contract price of $125 million. The schedule of expected (which equals actual) cash coll..
The equivalent arithmetic gradient series : Car's annual operating and maintenance (O&M) costs are given by the following schedule: year value 1 50 2 60 3 100 4 150 5 210 If MARR=10%, and it is known that the value of O&M costs in the first year is the base annuity, define the value of paramet..
What problems and challenges did home depot experience : What problems and challenges did Home Depot experience? Describe the relationship between management, organization, and technology at Home Depot. How did this relationship change over time?
Operating costs are expressed in actual dollars : A capital asset has first cost of $10 000 and it depreciates at 10% rate annually. Operating costs over the next four years are given below: Year Operating costs, $/yr 1 1800 2 1600 3 3800 4 3000 Operating costs are expressed in actual dollars. Calcu..

Reviews

Write a Review

Econometrics Questions & Answers

  What would be the profit per person

where QI refers to the number of games they would play if the price of a game were PI. Because of their access to credit, they would be willing to pay an up-front fee to join the club. Wizards live from pay check to paycheck and would be willing t..

  What is meant by factor-intensity reversal

What were the results of empirical tests on the prevalence of factor reversal in the real world?

  1 go back to the numerical example with no factor

1. go back to the numerical example with no factor substitution that leads to the production possibility frontier.a.

  By how much could the banks increase the lending activities

Assume the following data describe the condition of the banking system: Total reserve $200 billion Transactions deposits $800 billion Cash held by pubic $100 billion Reserve Requirement 0.20

  Explain this tendency of industrial clusters to break up

Explain this tendency of industrial clusters to break up in terms of the theory of external economies.

  If a person borrows 1245537 and agrees to pay it back in 60

if a person borrows 12455.37 and agrees to pay it back in 60 monthly installments of 550.55 determinea effective

  What are the risks of this increased oversight

How Much Oversight? After the financial crisis in 2008, Congress wanted to have more oversight of the Fed and some suggested that the Government Accountability Office even audit the decisions of the Fed. What are the risks of this increased oversi..

  Calculate the price elasticity of demand for values of q

A demand curve is given by the following equation: P = -2Q + 40. i) Calculate the Total Revenue when Q = 5 and when Q = 8. ii) Calculate the price elasticity of demand between Q = 5 and Q = 8. Round decimal answers to two places.

  Compute the demand of x under the new price

Cindy consumes goods x and y. Her demand for x is given by x(px, m) = 0.05m -5.15px. Now her income is $419, the price of x is $3, and the price of y is $1. b. Compute the demand of x under the new price.

  Calculate tom''s opportunity cost of producing a ball

Tom can produce 40 balls per hour or 4 bats per hour. Tessa can produce 80 balls per hour or 4 bats per hour. a. calculate Tom's opportunity cost of producing a ball. b. calculate Tessa's opportunity cost of producing a ball.

  What are the hospitals total financial requirements

Assume that the average payment percase for the Medicare and Medicaid patients is $3,500. Assume thatHoly Family realizes no payment on its charity care and bad debtcases. Holy Family's contracts with commercial payers are negotiated

  Describes the economy of hypothetica

You are given the following model that describes the economy of Hypothetica. 1)Consumption function: C=100 + .8Yd 2) Planned investment: I = 38 3) Government spending: G = 75 4) Exports: EX = 25

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