Question
TABH consulting specializes in research for automobile dealers in the United States, Canada, Mexico, and Europe. This month, they would like to produce a white
TABH consulting specializes in research for automobile dealers in the United States, Canada, Mexico, and Europe. This month, they would like to produce a white paper analyzing the viability of college students attending schools located in small college towns as a potentially underserved market segment.
TABH management assigns a junior analyst named Michel Gonzalez to the project. Lacking time for a more comprehensive study, Michel decides to contact the traffic department at Cal Poly University in Pomona, California, and at Central Missouri State University in Warrensburg, Missouri. Michel wishes to obtain data from the students' automobile parking registration records. Although both schools are willing to provide anonymous data records for a limited number of students, Cal Poly offers Michel a chance to visit during the registration period, which just happens to be next week. As a result, not only can Michel get data from students' registration forms, but a small amount of primary data can be obtained by intercepting students near the registration window. In return, Michel is asked to purchase a booth at the Cal Poly career fair.
As a result, Michel obtains some basic information from students. The information results in a small data set consisting of the follow observations for 100 undergraduate college students in Pomona, California:
Variables
Sex= Student's gender (0=female and 1=male)
Color= Color of a student's car as listed on his or her registration form (many colors listed)
Major= Student's major field of study (Business, Liberal Arts (LA), or Engineering (ENG))
Grade= Student's grade record reported (A, B, or C)
Finance= Whether the student financed the car he or she is driving or paid for it with cash, coded0=cash payment and 1=financed with a loan
Residence= Whether the student lives on campus or commutes to school, coded 0=commute and 1=on campus
Car= Type of car a student drives (seven brands listed)
Desirability= Extent to which a person rates a car brand as desirable (1 = not at all desirable, 7 = extremely desirable)
Reliability= Extent to which a person rates a car brand as reliable (1 = not reliable at all, 7 = extremely reliable)
Identify the test you would run for each of the following situations:
1.Does the way a student finances the car they drive influence to what extent they rate a car brand as reliable?
2.Do the student rate the car as more desirable or more reliable?
3.Are ratings of reliability and desirability related? TABH consulting specializes in research for automobile dealers in the United States, Canada, Mexico, and Europe. This month, they would like to produce a white paper analyzing the viability of college students attending schools located in small college towns as a potentially underserved market segment.
TABH management assigns a junior analyst named Michel Gonzalez to the project. Lacking time for a more comprehensive study, Michel decides to contact the traffic department at Cal Poly University in Pomona, California, and at Central Missouri State University in Warrensburg, Missouri. Michel wishes to obtain data from the students' automobile parking registration records. Although both schools are willing to provide anonymous data records for a limited number of students, Cal Poly offers Michel a chance to visit during the registration period, which just happens to be next week. As a result, not only can Michel get data from students' registration forms, but a small amount of primary data can be obtained by intercepting students near the registration window. In return, Michel is asked to purchase a booth at the Cal Poly career fair.
As a result, Michel obtains some basic information from students. The information results in a small data set consisting of the follow observations for 100 undergraduate college students in Pomona, California:
Variables
Sex= Student's gender (0=female and 1=male)
Color= Color of a student's car as listed on his or her registration form (many colors listed)
Major= Student's major field of study (Business, Liberal Arts (LA), or Engineering (ENG))
Grade= Student's grade record reported (A, B, or C)
Finance= Whether the student financed the car he or she is driving or paid for it with cash, coded0=cash payment and 1=financed with a loan
Residence= Whether the student lives on campus or commutes to school, coded 0=commute and 1=on campus
Car= Type of car a student drives (seven brands listed)
Desirability= Extent to which a person rates a car brand as desirable (1 = not at all desirable, 7 = extremely desirable)
Reliability= Extent to which a person rates a car brand as reliable (1 = not reliable at all, 7 = extremely reliable)
Identify the test you would run for each of the following situations:
1.Does the way a student finances the car they drive influence to what extent they rate a car brand as reliable?
2.Do the student rate the car as more desirable or more reliable?
3.Are ratings of reliability and desirability related?
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