1.Describe in your own words what an ANOVA test is and what it can be used for in business research. The ANOVA test analysis variance and finds out if the means of several groups are equal to each other or different. In business research and ANOVA test can be used to test if the profits of three companies, located in different regions, are equal to each other during the holiday shopping season. 2.If we have three or more population means to compare, why can’t we test them two at a time until we exhaust all possible combinations? Testing two at a time would be very time consuming. Using an ANOVA test allows greater effiecencey than using and reusing a two-sample t-test when dealing with three or more populations.

3.Tedko Associates is a marketing research firm that specializes in comparative shopping. Tedko is hired by General Motors to compare the selling prices of Pontiac Sunbird with Chevy Cavalier. Posing as a potential customer, a representative of Tedko visited 8 Pontiac dealerships and 6 Chevrolet dealerships and obtained quotes on comparable cars. The standard deviation for the selling prices of 8 Pontiac Sunbirds is $350 and on six Cavaliers, $290. At the 0.01 significance level do Pontiac Sunbirds exhibit greater variance in quotes than Cavaliers?

Ho: Pontiac variance is less than or equal to Cavaliers variance Ha: Pontiac variance is greater than Cavaliers variance
The F-statistic = 350 /290 =1.4566
Numerator d.f. = 8 – 1 = 7
Denominator d.f. = 6 – 1 = 5
The critical value = F (0.01, 7, 5) = 10.455
The F-statistic is less than the critical value
The null hypothesis is rejected

4.A physician who specializes in weight control has three different diets she recommend. As an experiment, she randomly selected 15 patients and then assigned 5 to each diet. After three weeks, the following weight losses in pounds were noted. At the 0.05 significance level, can she conclude that there is a difference in the...

...Individual Assignment
RES342
Individual Assignment: 9.12 (part a only), 9.56 (part a only), 10.4 (part a only), 10.30 (parts a through d), 10.37 (part a only), 10.38, 10.40, and
9.12 The Tri-Cities Tobacco Coalition sent three underage teenagers into various stores in Detroit and
Highland Park to see if they could purchase cigarettes. Of 320 stores checked, 82 sold cigarettes
to teens between 15 and 17 years old. (a) If the goal is to reduce the percent to 20 percent or less,
does this sample show that the goal is not being achieved at α = .05 in a right-tailed test? (b) Construct
a 95 percent confidence interval for the true percent of sellers who allow teens to purchase
tobacco. (c) Explain how the confidence interval is equivalent to a two-tailed test at α = .05
(Please see attachment)
9.56 A coin was flipped 60 times and came up heads 38 times. (a) At the .10 level of significance, is the
coin biased toward heads? Show your decision rule and calculations. (b) Calculate a p-value and
interpret it.
(Please see attachment)
10.4 A survey of 100 mayonnaise purchasers showed that 65 were loyal to one brand. For 100 bath soap
purchasers, only 53 were loyal to one brand. (a) Perform a two-tailed test comparing the proportion
of brand-loyal customers at α = .05. (b) Form a confidence interval for the difference of proportions,
without pooling the samples. Does it include zero?
(Please see attachment)
10.30 In Dallas,...

...
Question 1
1 out of 1 points
What do heuristics do?
Answer Selected Answer:
avoid overtaxing cognitive resources
Correct Answer:
avoid overtaxing cognitive resources
Question 2
1 out of 1 points
According to counterfactual thinking research, if all of the following people miss the plane, who is going to be the most upset?
Answer Selected Answer:
the person who just arrived at the gate as the plane pulled out
Correct Answer:
the person who just arrived at the gate as the plane pulled out
Question 3
1 out of 1 points
Which of the following is out of place?
Answer Selected Answer:
covariationCorrect Answer:
covariationQuestion 4
1 out of 1 points
The process by which we interpret, analyze, remember, and use information about the social world is called
Answer Selected Answer:
Social cognition.
Correct Answer:
Social cognition.
Question 51 out of 1 points
Explicit cognition involves
Answer Selected Answer:
judgments or decisions of which we are consciously aware.
Correct Answer:
judgments or decisions of which we are consciously aware.
Question 6
1 out of 1 points
A mental model or representation incorporating information on persons, objects, or situations is referred to as
Answer Selected Answer:
a schema.
Correct Answer:
a schema.
Question 7
1 out of 1 points
Individuals who tend to make internal, global, and stable attributions for stressful events are described as
Answer...

...University of Phoenix Material
Understanding Business Research Terms and Concepts: Quiz 3, Grunig
Match the letter of the answers on the right to the questions on the left.
Each answer can be used more than once.
|Questions |Answers |
|Which hypothesis-testing procedure would you use in the following situation? |Judgment |
|Your manager wants to know whether there is a significant difference between the |Snowball |
|average times required to complete a particular task for the three levels of |Convenience |
|technician experience (one year on job, two years on job, three years on job). |Cluster |
|_F___ |Ex post facto |
| |ANOVA |
| |Chi-square test |
| |Stability |
|...

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BSOP 209 Week4Quiz
1. TCO 6) What is the first step in solving a break-even analysis using a graphic approach?
2. (TCO 7) Define NPV
3. (TCO 9) What limits the use of a graphical solution to LP
4. (TCO 8) What are the three parts of a wait-line system?
5. TCO 8) In reference to queuing, what is a limited or finite population?
6. (TCO 8) What does FIFO mean?
7. (TCO 8) Describe or define a negative exponential-probability distribution
8. (TCO 8) Which waiting-line model has a dependent relationship between the length of the queue and the arrival rate?
9. (TCOs 6 and 7) XYZ plating is going ahead on an expansion project. They will be able to earn $300 per hour and run 3,000 hours per year. What is the net present value for the next five years with an interest rate of 6%?
BSOP 209 Week 6, Quiz
1. (TCO 14) Briefly discuss the decision methods used when there is complete uncertainty as to which state in a decision environment may occur. (Points : 10)
2. (TCOs 10,11 and 12) Chad's Pottery Barn has enough clay to make 24 small vases or 6 large vases. He has only enough of a special glazing compound to glaze 16 of the small vases or 8 of the large vases. Let X1 = the number of small vases and X2 = the number of large vases.
3. (TCO 13, 14) XYZ coating company has reviewed four new processes for improving their coating line. The four processes, labeled A, B, C,...

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STR 581 Week4Quiz
1. Which of the following is a generic strategy developed by Michael Porter?
2. Firms that enjoy higher profit margins are using which of Michael Porter’s generic strategies?
3. Which matrix involves a framework that can help ensure that businesses' strategies are consistent with strategies appropriate to their strategic environment?
4. For the ABC Company, the Alpha business is in a dominant market share position in a mature market. As per the BCG matrix, Alpha is a
5. Which matrix makes fine distinctions among business portfolio positions with the inclusion of high/medium/low axes?
6. Which of the following companies is a good example of a low-cost leader?
7. The grand strategy in which the firm directs its resources to the profitable growth of a single product, in a single market and with a single technology is termed
8. Firms that follow this type of generic strategy can sometimes have difficulties succeeding without compromising the key attributes of a company’s products or services.
9. If a textile producer acquires a shirt manufacturer, this is called
10. Companies that pursue this value discipline strive to produce a continuous stream of state-of-the-art products and services.
11. Which of the following represents an operating opportunity to build value or sharing?
12. The core competency must represent a major source of value...

...
Understanding Business Research Terms and Concepts: Part 2Wanda I HernandezRES 351November 02, 2014Dr FogartyUnderstanding Business Research Terms and Concepts: Part 2Qualitative research methodologies come from the understanding off disciplines, including anthropology, sociology, psychology, linguistics, communication, economics, and semiotics. Historically, qualitative methodologies have been available much longer some as early as the 19th century as the quantitative tools marketers rely on so heavily. (2014) Donald R. Cooper
Quantitative research attempts precise measurement of something. In business research, quantitative methodologies usually measure consumer behavior, knowledge, opinions, or attitudes. Such methodologies answer questions related to how much, how often, how many, when, and who (2014) Donald R. Cooper
There are a few methods researchers’ uses to acquire or validate data;
The interview is the primary data collection technique for gathering data in qualitative methodologies. Interviews vary based on the number of people involved during the interview, the level of structure, the proximity of the interviewer to the participant, and the number of interviews conducted during the research. The interview can be conducted individually (individual depth interview or IDI) or in groups. (2014) Donald R. Cooper
Questionnaires often make use of Checklist and rating scales. These devices help simplify and quantify people's behaviors and attitudes. A checklist...

...University of Phoenix Material
Week Four Quiz
1. WHICH OF THE FOLLOWING STATEMENTS ARE CORRECT?
a. A normal distribution is any distribution that is not unusual. (Correct)
b. The graph of a normal distribution is bell-shaped. (Correct)
c. If a population has a normal distribution, the mean and the median are not equal.
d. The graph of a normal distribution is symmetric. (Correct)
Using the 68-95-99.7 rule:
Assume that a set of test scores is normally distributed with a mean of 100 and a standard deviation of 20. Use the 68-95-99.7 rule to find the following quantities:
Suggest you make a drawing and label first…
a. Percentage of scores less than 100 50%
b. Relative frequency of scores less than 120 84%
c. Percentage of scores less than 140 97.5%
d. Percentage of scores less than 80 16%
e. Relative frequency of scores less than 60 2.5%
f. Percentage of scores greater than 120 16%
2. Assume the body temperatures of healthy adults are normally distributed with a mean of 98.20 °F and a standard deviation of 0.62 °F (based on data from the University of Maryland researchers).
a. If you have a body temperature of 99.00 °F, what is your percentile score?
(99-98.2)/0.62=1.29
In table 5-1, 1.29 corresponds to 90th percentile.
b. Convert 99.00 °F to a standard score (or a z-score).
1.29. (99 - 98.2) /...

...1. The largest ancestral group of European Americans is
a. French.
b. Irish.
c. German.
d. Norwegian.
2. Which of the following groups has always been considered White by the English?
a. Irish.
b. Germans.
c. Swedes.
d. none of these
3. The principle of third-generation interest states that
a. the grandchildren of the original immigrants would have an increased interest in their ethnicity.
b. the grandchildren of the original immigrants would have a decreased interest in their ethnicity.
c. the children of immigrants would have more of an interest in their ethnicity than their children.
d. none of these
4. The emphasis on ethnic foods and ethnically associated political issues was called __________ by Herbert Gans.
a. symbolic ethnicity.
b. ethnic paradox.
c. ethnic identity.
d. ethnic practices.
5. The maintenance of one’s ethnic ties in a way that can assist with assimilation in larger society is referred to as
a. integrated ethnicity.
b. symbolic ethnicity.
c. ethnicity paradox.
d. integration.
6. Which two White ethnic groups found, upon immigrating to America, that their shared religion did not trump their cultural differences, to such a degree that clergy were imported from Europe?
a. Germans and Irish
b. Irish and Italians
c. Jews and Italians
d. Germans and Poles
7. The concept respectable bigotry refers to
a. poor Whites’ hostility toward African Americans.
b. African American and...