Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Incentives to Exercise: How Much More Effective Is It to Lose Money? Overweight participants who lose money when they don't meet a specific exercise

image text in transcribed

Incentives to Exercise: How Much More Effective Is It to Lose Money? Overweight participants who lose money when they don't meet a specific exercise goal meet the goal more often, on average, than those who win money when they meet the goal, even if the final result is the same financially. In particular, participants who lost money met the goal for an average of 45.0 days (out of 100) while those winning money or receiving other incentives met the goal for an average of 33.7 days. The incentive does make a difference. In this exercise, we ask how big the effect is between the two types of incentives. Find a 90% confidence interval for the difference in mean number of days meeting the goal, between people who lose money when they don't meet the goal and those who win money or receive other similar incentives when they do meet the goal. The standard error for the difference in means from a bootstrap distribution is 4.14. Round your answers to two decimal places. The 90% confidence interval is i to i

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

Introduction to graph theory

Authors: Douglas B. West

2nd edition

131437372, 978-0131437371

More Books

Students also viewed these Mathematics questions

Question

What is management growth? What are its factors

Answered: 1 week ago