Questionnaire scores between the two companies

Assignment Help Finance Basics
Reference no: EM131081364

A pilot-test marketing research study comparing two new models of widgets was conducted in two companies (Company A and Company B). In each of the two companies, one manufacturing plant used one new widget and the other plant used the other new widget. At the end of the year, the employees using the new widgets in their jobs completed a questionnaire assessing their satisfaction with the widgets. Following is a table listing the mean scores of the two plants questionnaire scores for each of the two companies (those that used new widget 1 and those that used new widget 2). Study the data in the table. (Note: Do not attempt to compute the F ratios or the exact level of significance in order to answer the questions below.)


Means of

Means of

Company

Employees Using

Employees Using

Widget 1

Widget 2


Company A

55

53

Company B

50

48

a. Are there differences in questionnaire scores as a result of the using the two widgets? Explain.

b. Are there differences in questionnaire scores between the two companies? Explain.

Reference no: EM131081364

Questions Cloud

Evaluate relevance of nursing research to nursing practice : Please review the American Nurses' Association Code of Ethics and the Florida Nurse Practice Act as well as other professional organizations as you develop this paper. The focus of this paper will be on how your role as an advocate will evolve as ..
State of illinois on the national math assessment : Based on the sample mean of 265, a state administrator declares that the mean score for the eighth graders in state of Illinois on the national math assessment examination is more than 260. At alpha = 0.04, is there enough evidence to support the ..
How can stockholders deal with management : How can stockholders deal with management always knowing more than they do in a management buyout? What judge ruled that Dell was worth more than Michael Dell paid to take the company private in 2013?
Summarize information about the available workforce to care : Summarize your comparison of the infant mortality or HIV rates for the U.S. and one developed and one developing country. Include a summary of what the U.S. could learn from your selected comparison countries if they have better rates or what thos..
Questionnaire scores between the two companies : a. Are there differences in questionnaire scores as a result of the using the two widgets? Explain. b. Are there differences in questionnaire scores between the two companies? Explain.
Explain the legal distinction between an agent and a broker : Explain the legal distinction between an agent and a broker. Briefly describe and explain the key features of the following distribution systems in the marketing of property and casualty insurance.
How does a family work as a system in promoting the health : What is the concept of family most used in your area of nursing practice? Is it the most helpful concept for considering family in nursing practice? Why?
Describe the sampling distribution of sample proportion : Describe the sampling distribution of sample proportion by stating its mean, variance, and shape. Did you have to make any assumption? Based on the sampling information, is there statistical evidence to suggest that the die is not fair, that in fac..
Compute ratio of net income to total assets for each year : Compute the ratio of net income to total assets for each year and comment on the trend (round your percentage answer to two decimal places).

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