Did company initially commit type i or type ii error

Reference no: EM131421955

The advertising company described in Exercise 37 is thinking about signing a WNBA star to an endorsement deal. In its poll, 27% of the respondents could identify her.

a) Fans who never took Statistics can't understand why the company did not offer this WNBA player an endorsement contract even though the 27% recognition rate in the poll is above the 25% threshold. Explain it to them.

b) Suppose that further polling reveals that this WNBA star really is known to about 30% of the target audience. Did the company initially commit a Type I or Type II error in not signing her?

c) Would the power of the company s test have been higher or lower if the player were more famous? Explain.

Reference no: EM131421955

Questions Cloud

Sodium hydroxide to neutralize it than a weaker acid : Should a stronger acid require more sodium hydroxide to neutralize it than a weaker acid? Why or why not.

Concentration of the edta solution accurately : Why is it important to know the concentration of the EDTA solution accurately?

Balanced chemical reaction for combustion of gasoline : Write a balanced chemical reaction for the combustion of gasoline to yield carbon dioxide and water. Presuming that a tank of gasoline contains 80 liters and that its density is 0.77 kg/liter, determine how many kg of CO2 are produced for each tank..

How does barber use numbers and statistics : How does Barber appeal to readers' sense of logic and How does Barber appeal to readers' ethical standards - How does Barber appeal to readers' emotions

Did company initially commit type i or type ii error : Suppose that further polling reveals that this WNBA star really is known to about 30% of the target audience. Did the company initially commit a Type I or Type II error in not signing her?

Show electron promotion and hybridization : Please give box diagrams to show electron promotion and hybridization as two stages for AlF3 and C2H6.

Construct and interpret an appropriate confidence interval : Construct and interpret an appropriate confidence interval. Discuss any reservations you have about this inference.

Research various international strategies : Research various international strategies. Take one that you find interesting and investigate it more in depth. Tell why the approach you selected is a good approach for your company or some other company that you are interested in to increase inte..

Estimate the critical value of t for a confidence interval : Using the t tables, software, or a calculator, estimate the critical value of t for a 90% confidence interval with df = 17.

User Account

All Pages