The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals who are in marketing. Three groups are considered: management, research and advertising (higher scores indicate higher ethical values).Marketing ManagersMarketing Research Advertising 971187127611861097117611a. Compute the values identified below (to 2 decimal, if necessary). Sum of Squares, Treatment Sum of Squares, Error Mean Squares, Treatment Mean Squares, Error b. Use .05 to test for a significant difference in perception among the three groups.Calculate the value of the test statistic (to 2 decimals). The p-value is?What is your conclusion?c. Using .05, determine where differences between the mean perception scores occur.Calculate Fisher's LSD value (to 2 decimals).Test whether there is a significant difference between the means for marketing managers (1), marketing research specialists (2), and advertising specialists (3). DifferenceAbsolute ValueConclusion

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Description: The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals who are in marketing. Three groups are considered: management, research and advertising (higher scores indicate higher ethi

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Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

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ISBN:9780079039897

Author:Carter

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Chapter10: Statistics

Section10.4: Distributions Of Data

Problem 19PFA

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The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals who are in marketing. Three groups are considered: management, research and advertising (higher scores indicate higher ethical values).

Marketing Managers	Marketing Research	Advertising
9	7	11
8	7	12
7	6	11
8	6	10
9	7	11
7	6	11

a. Compute the values identified below (to 2 decimal, if necessary).

Sum of Squares, Treatment
Sum of Squares, Error
Mean Squares, Treatment
Mean Squares, Error

b. Use .05 to test for a significant difference in perception among the three groups.

Calculate the value of the test statistic (to 2 decimals).

The p-value is?

What is your conclusion?

c. Using .05, determine where differences between the mean perception scores occur.

Calculate Fisher's LSD value (to 2 decimals).

Test whether there is a significant difference between the means for marketing managers (1), marketing research specialists (2), and advertising specialists (3).

Difference	Absolute Value	Conclusion

Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...

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