Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Brand valuations are critical to CEOs, financial and marketing executives, security analyst, institutional investors, and others who depend on well-researched, reliable information needed for assessments,

Brand valuations are critical to CEOs, financial and marketing executives, security analyst, institutional investors, and others who depend on well-researched, reliable information needed for assessments, and comparisons in decision making. Millward Brown Optimor has developed the Brand Top 100 most Valuable Global Brands for WPP, the worlds largest communications services group. Unlike other studies, the Brands Top 100 Most Valuable Global Brands fuses consumer measures of brand equity with financial measures to place a financial value on brands. The file BandZTechFin (see folder) contains the brand values for the technology sector and the financial institutions sector in the BrandZ Top 100 Most Valuable Global Brands for a recent year. Assuming that the populations are unknown, is there evidence of a difference between the technology sector and the financial institutions sector with respect to mean brand value? (Use alpha = 5%). (How to solve this in excel? just mention the steps, no need to solve)

Brand Brand Value 2011 ($millions) % Brand Value Change Region Product Sector
Apple 153285 84 North America Technology
Google 111498 -2 North America Technology
IBM 100849 17 North America Technology
Microsoft 78243 2 North America Technology
GE 50318 12 North America Technology
ICBC Asia 44440 1 Asia Financial Institutions
Wells Fargo 36876 97 North America Financial Institutions
hp 35404 -11 North America Technology
Visa 28553 15 North America Financial Institutions

Data continued till 45 brands. (25 Financial institutions, 20 Technology)

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

Options Futures And Other Derivatives

Authors: John Hull

9th Global Edition

1292212896, 9781292212890

More Books

Students also viewed these Accounting questions

Question

For what x values will the LCL in a c chart be negative?

Answered: 1 week ago