A large multinational banking company wants to determine whether there is a significant difference in the average
Question:
A large multinational banking company wants to determine whether there is a significant difference in the average dollar amounts purchased by users of different types of credit cards. Among the credit cards being studied are MasterCard, Visa, Discover, and American Express.
a. If an experimental design were set up for such a study, what are some possible independent variables?
b. List at least three levels, or classifications, for each independent variable.
c. What are some possible dependent variables for this experiment?
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a Type of Card Age of User Economic Class of Cardholder Geographic Region b Type of C...View the full answer
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Related Book For 
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
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