Is someone who switches brands because of a financial inducement less likely to remain loyal than someone
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Is someone who switches brands because of a financial inducement less likely to remain loyal than someone who switches without inducement? Let p1 and p2 denote the true proportions of switchers to a certain brand with and without inducement, respectively, who subsequently make a repeat purchase. Test H0: p1 p2 0 versus Ha: p1 p2 0 using
.01 and the following data:
m 200 number of successes 30 n 600 number of successes 180
(Similar data is given in “Impact of Deals and Deal Retraction on Brand Switching,” J. Marketing, 1980: 62–70.)
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Probability And Statistics For Engineering And The Sciences
ISBN: 9781111802325
7th Edition
Authors: Dave Ellis, Jay L Devore
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