The Journal of Consumer Research included a report of a study that was conducted to determine whether

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The Journal of Consumer Research included a report of a study that was conducted to determine whether people have different spending characteristics when they have a $1 bill or when they have four quarters. The subjects were given a choice:

keeping the money or spending it on gum or mints.

Among 46 subjects given the $1 bill, 12 spent the money.

Among 43 subjects given four quarters, 27 spent the money.

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Statistical Reasoning For Everyday Life

ISBN: 978-0134494043

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Authors: Jeff Bennett, William Briggs, Mario Triola

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Question Posted: Apr 15, 2022 12:08 AM

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