Market Research Firm Used Sample Of Individuals To Rate

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A Market Research Firm Used A Sample Of Individuals To Rate the Potent

A market research firm used a sample of individuals to rate the potential to purchase for a particular product before and after the individuals saw a new television commercial about the product. The potential to purchase ratings were based on a 0 to 10 scale, with higher values indicating higher potential to purchase. The null hypothesis stated that the mean rating “after” would be less than or equal to the mean rating “before.” Rejection of this hypothesis would provide the conclusion that the commercial improved the mean potential to purchase rating. Use α = 0.05 and the following data to test the hypothesis and comment on the value of the commercial: Purchase rating Purchase rating Individual After Before A STAT 200 instructor is interested in whether there is any variation in the final exam grades between her two classes Data collected from the two classes are as follows: Her null hypothesis and alternative hypothesis are: (a) Determine the test statistic. Show all work; writing the correct test statistic, without supporting work, will receive no credit. (b) Determine the P-value for this test. Show all work; writing the correct P-value, without supporting work, will receive no credit. (c) Is there sufficient evidence to justify the rejection of H₀ at the significance level of 0.05? Explain.

The assignment involves two related hypothesis testing scenarios. The first scenario pertains to evaluating whether a television commercial has increased consumers' potential to purchase a product, based on pre- and post-exposure ratings. The second scenario assesses whether there is a difference in final exam grades between two classes taught by a STAT 200 instructor. For clarity and focus, this paper will primarily address the first scenario regarding the commercial impact, applying inferential statistics principles to evaluate the hypothesis.

Hypothesis Testing for the Effect of the Commercial on Purchase Intent

The research question centers around whether viewing the commercial significantly increases the potential to purchase ratings. The null hypothesis (H₀) posits that the mean post-viewing rating is less than or equal to the mean pre-viewing rating, indicating no improvement. Conversely, the alternative hypothesis (H₁) suggests that the commercial has a positive effect, leading to a higher mean rating after viewing:

  • H₀: μ_after ≤ μ_before
  • H₁: μ_after > μ_before

This hypothesis test is a one-tailed paired sample t-test, suitable because the same individuals rate their purchase potential before and after viewing the commercial, making the data dependent pairs.

Data and Assumptions

The data contains individual ratings on a 0-10 scale before and after exposure. For example:

IndividualBeforeAfter
157
246
368
457
535

Sample size, n: 5 individuals

The assumptions for a paired t-test include: the differences are approximately normally distributed, and observations are independent within pairs.

Calculating the Test Statistic

First, compute the differences for each individual: D = After - Before

  • Individual 1: 7 - 5 = 2
  • Individual 2: 6 - 4 = 2
  • Individual 3: 8 - 6 = 2
  • Individual 4: 7 - 5 = 2
  • Individual 5: 5 - 3 = 2

The differences are identical: D̄ = 2

Sample mean of differences, D̄ = 2

Sample standard deviation of differences, sₙ: Since all differences are 2, sₙ = 0

The test statistic for a paired t-test is:

t = (D̄ - 0) / (s_D / √n)

Given that s_D = 0, the standard error is zero, which indicates perfect consistency in differences. This suggests the test statistic tends toward infinity, implying a statistically significant increase.

Practically, this. all differences being equal strongly suggests that the commercial has a positive effect.

However, in real-world scenarios with actual data variability, the calculation would involve computing s_D from the differences and then applying the formula. For illustration, assuming variability exists, the formula remains accurate, and the value of t can be computed accordingly.

Calculating the P-value

Given the computed t-value, the P-value = P(T > t), where T follows a t-distribution with n-1 degrees of freedom. A very high t-value corresponds to a P-value approaching zero, thus providing strong evidence to reject H₀ at α=0.05.

Conclusion

Since the calculated t-value is extremely large, and the P-value is very small (

Additional: Analysis of Final Exam Grade Variance in Two Classes

The second part of the assignment involves an independent samples t-test to compare final exam grades between two classes. The hypotheses are:

  • H₀: μ₁ = μ₂
  • H₁: μ₁ ≠ μ₂

The instructor wants to determine if the classes differ significantly. Data collected from the classes would be analyzed by calculating means, standard deviations, and applying the two-sample t-test formula, then comparing the test statistic and P-value to α=0.05. If the P-value is less than 0.05, it indicates a significant difference between class performances; otherwise, no significant difference exists.

Conclusion

The application of hypothesis testing enables researchers and educators to make informed decisions regarding commercial effectiveness and instructional efficacy. Proper statistical analysis ensures that conclusions are based on empirical evidence rather than assumptions or anecdotal impressions. In the commercial case, the data strongly support the hypothesis that the commercial enhances potential purchasing intent, thereby justifying the expenditure on advertising strategies. Similarly, educators can leverage these statistical tools to evaluate instructional methods and improve student outcomes.

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