Assumptions for inference

Assignment Help Accounting Basics
Reference no: EM131008396

Ad recall. In Exercises 54 and 56, we see the number of advertised brand names people recalled immediately after watching TV shows and 24 hours later. Strangely enough, it appears that they remembered more about the ads the next day. Should we conclude this is true in general about people's memory of TV ads?

a) Suppose one analyst conducts a two-sample hypothesis test to see if memory of brands advertised during violent TV shows is higher 24 hours later. The P-value is 0.00013. What might she conclude?

b) Explain why her procedure was inappropriate. Which of the assumptions for inference was violated?

c) How might the design of this experiment have tainted these results?

d) Suggest a design that could compare immediate brand name recall with recall one day later.

Reference no: EM131008396

Questions Cloud

Credit card debt public or private : The average credit card debt carried by college students was compared at public versus private universities. It was reported that a significant difference existed between the two types of institutions and that students at private universities carr..
Find an eigenvector corresponding to one of the eigenvalues : Find an eigenvector v1 corresponding to one of the eigenvalues. Find an eigenvector v3 corresponding to the remaining eigenvalue. Calculate v1 · v3. Are v1 and v2 linearly independent, orthogonal, both, or neither?
Problem regarding the credit card debt : The average household credit card debt has been reported to be between $8000 and $10,000. Often of interest is the average credit card debt carried by college students. In 2008, the average credit card debt for college students was reported to be ..
Differences between cash flows from operating activities : What are the differences between cash flows from operating activities and the elements of an income statement?
Assumptions for inference : a) Suppose one analyst conducts a two-sample hypothesis test to see if memory of brands advertised during violent TV shows is higher 24 hours later. The P-value is 0.00013. What might she conclude? b) Explain why her procedure was inappropriate. W..
How to grow market share : The managerial question is to investigate the potential for a new Business Model and what needs to be done to launch it successfully (or why the Business Model should not be pursued at this time).
Mean number of brand names : 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.
Compositions of the phases in the container : One mol of n-butane and 1 mol of n-pentane are charged into a container. The container is heated to 180oF where the pressure read 100 psia. Determine the quantities and compositions of the phases in the container.
Do cash flows from operating activities report : Do cash flows from operating activities report all the elements of the income statement on a cash basis? Explain.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Differences between the lifo and fifo methods

It is the controller's belief that the switch in inventory methods would increase the net income of the company. What are the differences between the LIFO and FIFO methods?

  The auditors do not believe that certain lease obligations

the auditors do not believe that certain lease obligations have been reflected in conformity with generally accepted

  Approach the development and implementation of the new strat

What were the reasons for change? How did the organization approach the development and implementation of the new strategy?

  Problem regarding the grove tree mountain

Considering this probability, comment on whether Grove Tree Mountain might not be a typical hospital in terms of its patients' likelihood of picking up an infection. Source: Anita Manning, "Hospital Infections Jump as Outpatient Care Rises," USA To..

  Examine the legal aspects of professional psychology

Write a 1,750- to 2,100-word paper in which you examine the legal aspects of professional psychology. As a part of your examination be sure to address the following items:

  Each share of preferred stock is convertible

Given the following year-end information, compute Green Corporation's basic and diluted earnings per share.

  Create a project charter and identify the key constraints

Create a project charter and identify the key constraints of the project

  Intentional misrepresentation of financial statements

Research the Sarbanes-Oxley Act and prepare a presentation that pertains to intentional misrepresentation of financial statements, and describe the maximum penalty that the chief executive officer (CEO) and the chief financial officer (CFO) could ..

  How much is in common stock

Young Company has $16,000 in Retained Earnings, $27,000 in Assets, and $5,000 in Liabilities. How much is in Common Stock?

  Alpha alpha alpha a college fraternity purchased a new

alpha alpha alpha a college fraternity purchased a new heavy-duty washing machine on january 1 20x3. the machine which

  If management accountants dont have to follow gaap in their

if management accountants dont have to follow gaap in their reporting and have the freedom of more customized reporting

  On january 1 2009 1000000 5-year 10 bonds were issued for

on january 1 2009 1000000 5-year 10 bonds were issued for 960000. interest is paid semiannually on january 1 and july

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