Prediction-request and to request-only

Assignment Help Finance Basics
Reference no: EM131533806

Question: One experiment contrasted responses to "prediction...

One experiment contrasted responses to "prediction-request" and to "request-only" treatments, in order to answer two research questions.

i. Can people predict how well they will behave?

ii. Do their predictions influence their behavior?

In the prediction-request group, subjects were first asked to predict whether they would agree to do some volunteer work. Then they were requested to do the work. In the request-only group, the subjects were requested to do the work; they were not asked to make predictions beforehand. In parts (a-b-c), a two-sample z-test may or many not be legitimate. Ir it is legitimate, make it. If not, why not?

a. 46 residents of Bloomington, Indiana were chosen at random for the "prediction-request" treatment. They were called and asked to predict "whether they would agree to spend 3 hours collecting for the American Cancer Society if contacted over the telephone with such a request." 22 out of the 46 said that they would. Another 46 residents of that town were chosen at random for the "request only" treatment. They were requested to spend the 3 hours collecting for the American Cancer Society. Only 2 our of 46 agreed to do it. Can the difference between 22/46 and 2/46 be due to chance? What do the data say about the research questions (i) and (ii)?

b. Three days later, the prediction-request group was called again, and requested to spend 3 hours collecting for the American Cancer Society: 14 out of 46 agreed to do so. Can this difference between 14/46 and 2/46 be due to chance? What do the data say about the research questions (i) and (ii)?

c. Can the difference between 22/46 and 14/46 be due to chance? What do the data say about the research questions (i) and (ii)?

Reference no: EM131533806

Questions Cloud

Explained as a chance variation : Can the difference between 60% and 54% be explained as a chance variation? Or was it the scandals? Or something else?
Does mcdonalds have a right to advertise as much as it want : Does McDonald's have a right to advertise as much as it wants? What role do parents play? What role should government play?
Explain the overall goal of a supply chain : Explain the overall goal of a supply chain. Describe the difference between a supply that is responsive (service) and a supply chain that is efficient.
Parenthesis t less than or equals : Let t 0t0 be a specific value of t. Use the table of critical values of t below to find t 0 dash valuest0-values such that the following statements are true.
Prediction-request and to request-only : One experiment contrasted responses to "prediction-request" and to "request-only" treatments, in order to answer two research questions.
Identify the key characteristics : Identify the key characteristics that drive business decisions on an international and domestic level.
Describe an example situation or characteristic way : Describe an example situation or characteristic way of behaving in which you see these defense mechanisms play out in your own life.
What are the components of discretionary benefits : What are the components of discretionary benefits? Identify an organization that effectively includes those benefits in its benefits portfolio.
What are some of the possible drawbacks for companies : What are some of the possible drawbacks for companies that employ temporary workers? Do you believe that these drawbacks outweigh the cost savings?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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