A market research firm used a sample of individuals to rate the purchase potential of a particular product before and after the individuals saw a new television commercial about the product. The purchase potential ratings were based on a 0 to 10 scale, with higher values indicating a higher purchase potential 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 show that the commercial improved the mean purchase potential rating. Use a = 0.05 and the following data to test the hypothesis and comment on the value of the commercial. Individual After ⒸHO: MgSO H₂: Hg = 0 Hoi Ha 50 H₂: Hg > 0 1 ⒸHo: Mg = 0 H₂ Họ 2 3 4 5 6 Purchase Rating Before 5 7 8 6 6 7 4 3 9 7 6 4 8 3 7 8 State the null and alternative hypotheses. (Use mean rating after - mean rating before.) Ho: M₂0 Hai Hd=0 5 7 ⒸHO: Hd > 0 H₂: Ha so Calculate the value of the test statistic. (Round your answer to three decimal places.) Calculate the p-value. (Round your answer to four decimal places.) p-value= State your conclusion. O Do not reject Ho. There is insufficient evidence to conclude that seeing the commercial improves the mean potential to purchase. O Reject Ho. There is insufficient evidence to conclude that seeing the commercial improves the mean potential to purchase. O Reject Ho. There is sufficient evidence to conclude that seeing the commercial improves the mean potential to purchase. O Do not Reject Ho. There is sufficient evidence to conclude that seeing the commercial improves the mean potential to purchase.
A market research firm used a sample of individuals to rate the purchase potential of a particular product before and after the individuals saw a new television commercial about the product. The purchase potential ratings were based on a 0 to 10 scale, with higher values indicating a higher purchase potential 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 show that the commercial improved the mean purchase potential rating. Use a = 0.05 and the following data to test the hypothesis and comment on the value of the commercial. Individual After ⒸHO: MgSO H₂: Hg = 0 Hoi Ha 50 H₂: Hg > 0 1 ⒸHo: Mg = 0 H₂ Họ 2 3 4 5 6 Purchase Rating Before 5 7 8 6 6 7 4 3 9 7 6 4 8 3 7 8 State the null and alternative hypotheses. (Use mean rating after - mean rating before.) Ho: M₂0 Hai Hd=0 5 7 ⒸHO: Hd > 0 H₂: Ha so Calculate the value of the test statistic. (Round your answer to three decimal places.) Calculate the p-value. (Round your answer to four decimal places.) p-value= State your conclusion. O Do not reject Ho. There is insufficient evidence to conclude that seeing the commercial improves the mean potential to purchase. O Reject Ho. There is insufficient evidence to conclude that seeing the commercial improves the mean potential to purchase. O Reject Ho. There is sufficient evidence to conclude that seeing the commercial improves the mean potential to purchase. O Do not Reject Ho. There is sufficient evidence to conclude that seeing the commercial improves the mean potential to purchase.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 7 steps with 20 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman