You are investigating the effect of three different advertising strategies (circulars, local newspaper ads, and billboards) on
Question:
You are investigating the effect of three different advertising strategies (circulars, local newspaper ads, and billboards) on customer preference for a certain product. You measure customer preference with a 10-point scale (1 = “I plan to buy it right away” to 10 = “I will definitely not buy it”). The results are shown in Fig. 9.48.
(a) Interpret the results. Which advertising strategy would you choose?
(b) Briefly explain how the mean rank in Fig. 9.48 was determined.
Figure 9.49
(c) Now you examine in a different study the effects of newspaper ads and billboards on perception of product quality. The results are shown in Fig. 9.49. Interpret the results. How large is the one-sided asymptotic significance?
Step by Step Answer:
Applied Statistics And Multivariate Data Analysis For Business And Economics
ISBN: 9783030177669
1st Edition
Authors: Thomas Cleff