Question
Participants will be split into control & treatment based on Costco. They will take a prior survey as to which they prefer (Costco or Grey
Participants will be split into control & treatment based on Costco. They will take a prior survey as to which they prefer (Costco or Grey Goose Vodka). We will then inform the treatment group that there is speculation that the grey goose is Costco vodka.
Marketing no-brand as "This is Vodka from the same supplier as Grey Goose"
They will sample two drinks (with labels for control, w/o for treatment). They will then get to pick which drink they would want to have another.
Goal: What use is this information to Costco's COO of Merchandising?
It is an experiment that explores whether this is a strongadvertising technique
Explores the Alcohol Beverage Market, but can be attributed to many other no-label brand products Costco has (high return)
what would be the randomization here? pls help
Step by Step Solution
3.39 Rating (155 Votes )
There are 3 Steps involved in it
Step: 1
In this experiment the randomization process would involve randomly assigning ...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
Document Format ( 2 attachments)
6641dcfa3470c_988075.pdf
180 KBs PDF File
6641dcfa3470c_988075.docx
120 KBs Word File
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started