Research Methods for the Behavioral Sciences (MindTap Course List)
5th Edition
ISBN: 9781305104136
Author: Frederick J Gravetter, Lori-Ann B. Forzano
Publisher: Wadsworth Publishing
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Textbook Question
Chapter 3, Problem 11E
Describe the strengths and weaknesses of physiological measures.
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Morningstar tracks the total return for a large number of mutual funds. The following table shows the total return and the number of funds for four categories of mutual funds.
Click on the datafile logo to reference the data.
DATA file
Type of Fund
Domestic Equity
Number of Funds
Total Return (%)
9191
4.65
International Equity
2621
18.15
Hybrid
1419
2900
11.36
6.75
Specialty Stock
a. Using the number of funds as weights, compute the weighted average total return for these mutual funds. (to 2 decimals)
%
b. Is there any difficulty associated with using the "number of funds" as the weights in computing the weighted average total return in part (a)? Discuss. What else might be used for weights?
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c. Suppose you invested $10,000 in this group of mutual funds and diversified the investment by placing $2000 in Domestic Equity funds, $4000 in International Equity funds, $3000 in Specialty Stock…
The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided.
Days to
Maturity
20
Dollar Value
($ millions)
20
12
30
7
10
5
6
15
10
Use the weighted mean to determine the mean number of days to maturity for dollars invested in these five money market funds (to 1 decimal).
days
c. What are the first and third quartiles?
First Quartiles (to 1 decimals)
Third Quartiles (to 4 decimals)
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Which companies spend the most money on advertising? Business Insider maintains a list of the top-spending companies. In 2014, Procter & Gamble spent more than any other company, a whopping $5 billion. In second place was Comcast, which spent $3.08 billion (Business Insider website, December 2014). The top 12 companies and
the amount each spent on advertising in billions of dollars are as follows.
Click on the datafile logo to reference the data.
DATA file
Company
Procter & Gamble
Comcast
Advertising
($billions)
$5.00
3.08
2.91
Company
American Express
General Motors
Advertising
($billions)
$2.19
2.15
ETET
AT&T
Ford
Verizon
L'Oreal
2.56
2.44
2.34
Toyota
Fiat Chrysler
Walt Disney Company
J.P Morgan
a. What is the mean amount spent on advertising? (to 2 decimals)
2.55
b. What is the median amount spent on advertising? (to 3 decimals)
2.09
1.97
1.96
1.88
Chapter 3 Solutions
Research Methods for the Behavioral Sciences (MindTap Course List)
Ch. 3.2 - Define a construct and explain the role that...Ch. 3.2 - Define an operational definition and explain the...Ch. 3.3 - Define a positive relationship and a negative...Ch. 3.3 - Define the validity of measurement and explain why...Ch. 3.3 - Define the reliability of measurement and explain...Ch. 3.4 - Compare and contrast the four scales of...Ch. 3.5 - Identify the three modalities of measurement and...Ch. 3.6 - Define a ceiling effect and a floor effect and...Ch. 3.6 - Define an artifact and explain how examples of...Ch. 3 - In addition to the key words, you should also be...
Ch. 3 - Some variables, such as height, can be measured...Ch. 3 - Briefly explain what an operational definition is...Ch. 3 - A researcher evaluates a new cholesterol...Ch. 3 - A clinical researcher has developed a new test for...Ch. 3 - Suppose that a social scientist has developed a...Ch. 3 - Explain how inter-rater reliability is...Ch. 3 - A researcher claims that intelligence can be...Ch. 3 - Identify the scale of measurement that allows each...Ch. 3 - What is the primary advantage of self-report...Ch. 3 - Describe the strengths and weaknesses of...Ch. 3 - What is a ceiling effect, and how can it be a...Ch. 3 - What are demand characteristics, and how do they...Ch. 3 - Describe how the concept of participant reactivity...Ch. 3 - Select a subject and use a full-text database such...Ch. 3 - Select one construct from the following list:...Ch. 3 - For each of the following operational definitions,...
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