FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A marketing study conducts 60 significance tests about means and proportions for several groups. Of them, 3 tests are statistically significant at the 0.05 level.

A marketing study conducts 60 significance tests about means and proportions for several groups. Of them, 3 tests are statistically significant at the 0.05 level. The study's final report stresses only the tests with significant results, not mentioning the other 57 tests. What is misleading about this?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Holt Mcdougal Larson Algebra 2

Holt Mcdougal Larson Algebra 2

Authors: HOLT MCDOUGAL

1st Edition 2012

9780547647159, 0547647158

More Books

Students also viewed these Mathematics questions

Question

★★★★★
Audit standards indicate that there is a presumption that auditors will confirm accounts receivable unless the balance is immaterial, confirmations are deemed ineffective, or the auditors' assessment...

Answered: 1 week ago

Question

★★★★★
The null and alternative hypothesis are given. Use them to answer the following questions. 0:=9.5 1:9.5 a. Is the hypothesis test left-tailed, right-tailed, or two-tailed? b. What is the parameter...

Answered: 1 week ago

Question

★★★★★
Add two more benefits for expert systems to those already listed in the text. Discuss these in terms of intellectual, social, or financial results.pg24

Answered: 1 week ago

Question

★★★★★
(Classification of Acquisition Costs) Selected accounts included in the property, plant, and equipment section of Lobo Corporations balance sheet at December 31, 2011, had the following balances....

Answered: 1 week ago

Question

★★★★★
\f\f\f\f\f\f\f\f\f\f\f\f\f\f\f\f\f\f

Answered: 1 week ago

Question

★★★★★
Select any variables from the Munro dataset (course Data Set) that interest you and run a correlation analysis in SPSS. Discuss your results. Address significance, direction, and strength

Answered: 1 week ago

Question

★★★★★
Insurance cost is to be distributed among manufacturing, selling and administration in the ratio of distributed to these departments? Department Manufacturing Selling Administration Cost $ $ $...

Answered: 1 week ago

Question

★★★★★
The population characteristic of interest is given below. = mean calorie content for frozen dinners of a certain type The sample mean will serve as our basis for testing a hypothesis about u. Recall...

Answered: 1 week ago

Question

★★★★★
A jet heas horizontally towars a holey plate as illustrate in the figure. The spee of the jet is 60 m/s both before an after crossing the plate. The iameters are ?=15 ?? an ?=0.5 ??. Fin the force...

Answered: 1 week ago

Question

★★★★★
compute the ratios below and interpret the results. DALE SHIRE CORPORATION Sales Less: Cost of Sales Gross Profit on Sales 2018 $300,000 120,000.00 180,000.00 Less: Operating Expenses 125,000.00...

Answered: 1 week ago

Question

★★★★★
Provided below are an analyst's forecasts of a company's revenue, net operating profit after tax (NOPAT), and net operating assets (NOA) as of 12/31/2021. Forecast Horizon Period ($ millions)...

Answered: 1 week ago

Previous Question Next Question