Question
d) Experiments are useful in helping determine if people have responded due to a stimulus or if they would have responded even without the stimulus.
d) Experiments are useful in helping determine if people have responded due to a stimulus or if they would have responded even without the stimulus. Design an experiment that could demonstrate what proportion of people have responded to a stimulus. These people could be customers or employees within a company. Examples could be an advertising campaign to customers, or a policy of flexible work hours for employees. Requirements:
i) How would you pick the treatment and control groups? Fill in the table below to indicate the number of people and 3 important characteristics that describe each group (10 marks)
| Control Group | Treatment Group |
Number of People |
|
|
Characteristic 1: |
|
|
Characteristic 2: |
|
|
Characteristic 3: |
|
|
ii) Predict the results and state the managerial conclusion you could make from this result. Use the table below to indicate the change in behavior you expect to observe. (10 marks)
| Control Group | Treatment Group |
Observed behavior before treatment: |
|
|
Observed behavior after treatment: |
|
|
iii) State the managerial action you could take from the results of your experiment. Briefly describe a useful follow-up experiment that would further deepen understanding of why people behaved in the manner observed.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started