An apps developer for Fintech has commissioned a consultant firm to understand the desired features and the perception of use. The perception of use has been collected from different workstations and from different types of users. The independent characteristic or features will affect the attractiveness of the ease of apps. A higher level of perception (ease of use) will drive higher usage and higher profitability of the Fintech eventually. The consultant perceived that the security level (independent variable) will drive better perception of use (dependent variable). The consultant will need to analyze the relationship of the security level with perception of use. A predictive regression will be used to predict the ability of security level to influence app usage.
An apps developer for Fintech has commissioned a consultant firm to understand the desired features and the perception of use. The perception of use has been collected from different workstations and from different types of users. The independent characteristic or features will affect the attractiveness of the ease of apps. A higher level of perception (ease of use) will drive higher usage and higher profitability of the Fintech eventually. The consultant perceived that the security level (independent variable) will drive better perception of use (dependent variable). The consultant will need to analyze the relationship of the security level with perception of use. A predictive regression will be used to predict the ability of security level to influence app usage.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Transcribed Image Text:An apps developer for Fintech has commissioned a consultant firm to understand the desired
features and the perception of use. The perception of use has been collected from different
workstations and from different types of users. The independent characteristic or features will
affect the attractiveness of the ease of apps. A higher level of perception (ease of use) will drive
higher usage and higher profitability of the Fintech eventually.
The consultant perceived that the security level (independent variable) will drive better perception
of use (dependent variable). The consultant will need to analyze the relationship of the security
level with perception of use. A predictive regression will be used to predict the ability of security
level to influence app usage.
A five-point Likert scale (1 for lowest and 5 for highest) has been used to measure the intended
variables. The numbers are average of different users from 30 different workplaces and
environments. Data has been tabulated as shown in the table below.
Question 1
1) The consultant will need to visualize the relationship in a scattered plot. Draw a scattered plot.
2) Is there a statistical relationship between the s security level (independent variable) with
perception of use (dependent variable). Describe the relationship.
(Hint: You can solve it through manual computation or resolved through software or MS Excel
analysis Tool pack)
3) State and interpreted the regressed model and equation. What will the predicted perception of
use if app developer established the security level at 3?
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