Essentials Of Statistics For Business & Economics
9th Edition
ISBN: 9780357045435
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Textbook Question
Chapter 10.4, Problem 31E
Impact of Pinterest on Purchase Decisions. Forbes reports that women trust recommendations from Pinterest more than recommendations from any other social network platform (https://www.forbes.com/sites/marketshare/2012/03/20/why-brand-managers-need-to-take-an-interest-in -pinterest/#5e3b22fb6375). But does trust in Pinterest differ by gender? The following sample data show the number of women and men who stated in a recent sample that they trust recommendations made on Pinterest.
- a. What is the point estimate of the proportion of women who trust recommendations made on Pinterest?
- b. What is the point estimate of the proportion of men who trust recommendations made on Pinterest?
- c. Provide a 95% confidence
interval estimate of the difference between the proportion of women and men who trust recommendations made on Pinterest.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Recently, the Shine research clinic published a report stating that the regular application of a very popular sunscreen lotion NoHelios might cause some forms of skin cancer. The manufacturer of NoHelios issued an energetic counterstatement asserting that the Shine clinic's conclusions were statistically inconsistent.
Wellbeing pharmacy chain has been selling NoHelios lotion for a long time. The market research department of Wellbeing wants to see what is currently happening with NoHelios lotion demand. The members of a random sample of customers were asked about their willingness to use NoHelios before and after the publication of Shine clinic's report. The answers were provided in form of a score from 0 to 10 (higher score means more willingness). Results for five customers are shown in the following table. The "before" score is matched to the "after" score, and the difference should be calculated. Suppose that it is known that such differences have approximately bell-shaped…
A magazine reported on the "... treatment-emergent adverse events that occurred in 2% or more patients treated with a new medicine and with incidence greater than placebo in the treatment of depression, OCD, or bulimia." In the study, patients took the new medicine and patients were given placebo. Identify the a. treatment group, b. control group, and c. treatments.
Leisure Activities and Dementia. An article appearing in the Los Angeles Times discussed the study “Leisure Activities and the Risk of Dementia in the Elderly” (New England Journal of Medicine, Vol. 348) by J.Verghese et al. The article in the Times, titled “Crosswords Reduce Risk of Dementia,” contained the following statement: “Elderly people who frequently read, do crossword puzzles, practice a musical instrument or play board games cut their risk of Alzheimer’s and other forms of dementia by nearly two-thirds compared with people who seldom do such activities.” Comment on thestatement in quotes, keeping in mind the type of study for which causation can be reasonably inferred.
Chapter 10 Solutions
Essentials Of Statistics For Business & Economics
Ch. 10.1 - The following results come from two independent...Ch. 10.1 - 2. Consider the following hypothesis test.
The...Ch. 10.1 - Consider the following hypothesis test....Ch. 10.1 - 4. Condé Nast Traveler conducts an annual survey...Ch. 10.1 - The USA Today reports that the average expenditure...Ch. 10.1 - Hotel Price Comparison. Suppose that you are...Ch. 10.1 - Supermarket Customer Satisfaction. Consumer...Ch. 10.1 - Increases in Customer Satisfaction. Will improving...Ch. 10.2 - The following results are for independent random...Ch. 10.2 - Consider the following hypothesis test:...
Ch. 10.2 - Consider the following data for two independent...Ch. 10.2 - Miles Driven Per Day. The U.S. Department of...Ch. 10.2 - Annual Cost of College. The increasing annual cost...Ch. 10.2 - Salaries of Recent College Graduates. The Tippie...Ch. 10.2 - Hotel Prices. Hotel room pricing changes over time...Ch. 10.2 - Effect of Parents’ Education on Student SAT...Ch. 10.2 - Comparing Financial Consultant Ratings....Ch. 10.2 - Comparing Length of Flight Delays. The success of...Ch. 10.3 - Consider the following hypothesis test.
The...Ch. 10.3 - The following data are from matched samples taken...Ch. 10.3 - Television Commercials and Product Purchase...Ch. 10.3 - First-Quarter Stock Market Performance. The price...Ch. 10.3 - Credit Card Expenditures. Bank of America’s...Ch. 10.3 - Domestic Airfare. The Global Business Travel...Ch. 10.3 - SAT Scores. The College Board SAT college entrance...Ch. 10.3 - PGA Tour Scores. Scores in the first and fourth...Ch. 10.3 - Price Comparison of Smoothie Blenders. A personal...Ch. 10.4 - Consider the following results for independent...Ch. 10.4 - Consider the hypothesis test
The following...Ch. 10.4 - Corporate Hiring Outlook. A Businessweek/Harris...Ch. 10.4 - Impact of Pinterest on Purchase Decisions. Forbes...Ch. 10.4 - Mislabeled Fish. Researchers with Oceana, a group...Ch. 10.4 - Voter Turnout. Minnesota had the highest turnout...Ch. 10.4 - Oil Well Drilling. Oil wells are expensive to...Ch. 10.4 - Hotel Occupancy Rates. Tourism is extremely...Ch. 10.4 - Gender Differences in Raise or Promotion...Ch. 10.4 - Default Rates on Bank Loans. Carl Allen and Norm...Ch. 10 - Supermarket Checkout Lane Design. Safegate Foods,...Ch. 10 - SUV Lease Payments. Statista reports that the...Ch. 10 - Load Versus No-Load Mutal Funds. Mutual funds are...Ch. 10 - Kitchen Versus Bedroom Remodeling Costs. The...Ch. 10 - Effect of Siblings on SAT Scores. In Born...Ch. 10 - Change in Financial Security. Country Financial, a...Ch. 10 - Differences in Insurance Claims Based on Marital...Ch. 10 - Drug-Resistant Gonorrhea. Each year, more than 2...Ch. 10 - News Access Via Computer. The American Press...Ch. 10 - Par, Inc., is a major manufacturer of golf...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- Red Wine and Weight LossResveratrol, a compound in grapes and red wine, has been shown to promote weight loss in rodents and now in a primate.1 Lemurs fed a resveratrol supplement for four weeks had decreased food intake, increased metabolic rate, and a reduction in seasonal body-mass gain compared to a control group. Suppose a hypothetical study is done for a different primate species, with one group given a resveratrol supplement and the other group given a placebo. We wish to see if there is evidence that resveratrol increases the mean metabolism rate for this species. (This exercise presents hypothetical data. We will see the results from the actual study later in this chapter.) (a) State the null and alternative hypotheses.Let group 1 be the species taking a resveratrol supplement and let group 2 be the species taking a placebo.arrow_forwardAn industrial/organizational psychologist has been consulting with a company that runs weekend job-seeking workshops for the unemployed. She collected data on several issues related to these workshops and, after conducting statistical tests, obtained statistically significant findings. She needs to find a way to evaluate effect size so that she can make recommendations to the company. One of the psychologist’s findings is that immediately after the workshop, a sample of 81 job seekers who received training on using the Internet to find job listings worked more than 30 hours per week an average of 8.7 months in the last year, with a standard deviation of 4.1. The typical job seeker works 7.4 months. The psychologist finds that the estimated Cohen’s d is , the t statistic is 2.83, and r² is . Using Cohen’s d and Cohen’s guidelines for interpreting the effect size with the estimated Cohen’s d, there is a treatment effect. Using r² and the extension of Cohen’s guidelines…arrow_forwardAn article23 summarized results from the Nurses’ Health Study and the Health Pro- fessionals Follow-Up Study. The article reported (with RR = relative risk) that “Com- pared with nonregular use, regular aspirin use was associated with lower risk of overall cancer (RR 0.97; 95% CI 0.94, 0.99), which was primarily due to a lower incidence of gastrointestinal cancers, especially colorectal cancers (RR 0.81; 95% CI 0.75, 0.88).” Identify the response variables and the explanatory variable for these two results. Explain how to interpret the confidence interval about colorectal cancers. Would the association with overall cancer be considered (i) significant or non- significant? (ii) strong or weak? Explain. question 1 and 2arrow_forward
- A psychologist conducts a 2 x 3 x 2 ANOVA. How many main effects are possible? How many interactions are possible?arrow_forwardA case-control study is planned to investigate whether bottle-fed infants are at increased risk of death from acute respiratory infections compared breast-fed infants. The mothers of a group of cases (infants' deaths, with an underlying respiratory cause named on the death certificate) will be interviewed about the breast-feeding status of the child prior to the illness leading to death. The results will be compared to with those obtained from mothers of a group of healthy controls regarding the current breast-feeding status of their infants. It is expected that about 40% of controls will be bottle-fed, and we would like to detect a difference if bottle-feeding was associated with a two-fold increase of death (OR-2). A. How many cases and controls need to be studied to give a 90% power of achieving 5% significance level. Copy and paste/print the answer from the software. B. Repeat part (A) if the OR was three-fold increase. What do you notice about the sample size needed? Explainarrow_forwardNCI Cancer Bulletin, December 2, 2008 Volume 5 / Number 24 Title of the article: After Menopause, Weight Affects Breast Cancer Rates More than Mammography Use Women who are overweight or obese after menopause face an increased risk of breast cancer, but a large prospective cohort study indicates that the frequency of mammography use and screening accuracy are not the primary explanations for higher rates of breast cancer in these women. The same is true of large, invasive breast cancer tumors and advanced stage disease; risk increases with weight, but higher rates are not explained by the frequency or accuracy of screening mammography before breast cancer was diagnosed. The study appears in the December 3 Journal of the National Cancer Institute. Dr. Karla Kerlikowske of the San Francisco Veterans Affairs Medical Center and colleagues gathered data on 287,115 postmenopausal women who were registered in the Breast Cancer Surveillance Consortium database. Reflecting a trend in the…arrow_forward
- NCI Cancer Bulletin, December 2, 2008 Volume 5 / Number 24 Title of the article: After Menopause, Weight Affects Breast Cancer Rates More than Mammography Use Women who are overweight or obese after menopause face an increased risk of breast cancer, but a large prospective cohort study indicates that the frequency of mammography use and screening accuracy are not the primary explanations for higher rates of breast cancer in these women. The same is true of large, invasive breast cancer tumors and advanced stage disease; risk increases with weight, but higher rates are not explained by the frequency or accuracy of screening mammography before breast cancer was diagnosed. The study appears in the December 3 Journal of the National Cancer Institute. Dr. Karla Kerlikowske of the San Francisco Veterans Affairs Medical Center and colleagues gathered data on 287,115 postmenopausal women who were registered in the Breast Cancer Surveillance Consortium database. Reflecting a trend in the…arrow_forwardNCI Cancer Bulletin, December 2, 2008 Volume 5 / Number 24 Title of the article: After Menopause, Weight Affects Breast Cancer Rates More than Mammography Use Women who are overweight or obese after menopause face an increased risk of breast cancer, but a large prospective cohort study indicates that the frequency of mammography use and screening accuracy are not the primary explanations for higher rates of breast cancer in these women. The same is true of large, invasive breast cancer tumors and advanced stage disease; risk increases with weight, but higher rates are not explained by the frequency or accuracy of screening mammography before breast cancer was diagnosed. The study appears in the December 3 Journal of the National Cancer Institute. Dr. Karla Kerlikowske of the San Francisco Veterans Affairs Medical Center and colleagues gathered data on 287,115 postmenopausal women who were registered in the Breast Cancer Surveillance Consortium database. Reflecting a trend in the…arrow_forwardNCI Cancer Bulletin, December 2, 2008 Volume 5 / Number 24 Title of the article: After Menopause, Weight Affects Breast Cancer Rates More than Mammography Use Women who are overweight or obese after menopause face an increased risk of breast cancer, but a large prospective cohort study indicates that the frequency of mammography use and screening accuracy are not the primary explanations for higher rates of breast cancer in these women. The same is true of large, invasive breast cancer tumors and advanced stage disease; risk increases with weight, but higher rates are not explained by the frequency or accuracy of screening mammography before breast cancer was diagnosed. The study appears in the December 3 Journal of the National Cancer Institute. Dr. Karla Kerlikowske of the San Francisco Veterans Affairs Medical Center and colleagues gathered data on 287,115 postmenopausal women who were registered in the Breast Cancer Surveillance Consortium database. Reflecting a trend in the…arrow_forward
- When evaluating the effectiveness of a newly invented psychological treatment to people having illusions, a psychologist plans to adopt an AB design. Give this psychologist two design recommendations for the evaluation study . Describe what additional design needed to be added to obtain data in evaluating any potential long term effect of the treatmentarrow_forwardA study of 6600 men found that those who consumed a moderate amount of alcohol (one drink or less per night ) have lower mortality(on the average ) than Thoose who drink none is the is this good evidence that drinking a moderate amount causes lower mortality? A) yes because the study is an experiment B) no becuase who drink a moderate amount may differ from nodeinkers in other ways such as income and exercise that affect mortality c) no because we can't generalize from 6600 people to the millions of adults in the country D) yes because the sample is so large that the margin of error will be quite smallarrow_forwardWhich of the independent variables retains the strongest association with the number of children a respondent has when all other variables in the model are controlled? What is that association? Which has the weakest when other variables are controlled?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons Inc
Probability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage Learning
Statistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSON
The Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. Freeman
Introduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman
Statistics 4.1 Point Estimators; Author: Dr. Jack L. Jackson II;https://www.youtube.com/watch?v=2MrI0J8XCEE;License: Standard YouTube License, CC-BY
Statistics 101: Point Estimators; Author: Brandon Foltz;https://www.youtube.com/watch?v=4v41z3HwLaM;License: Standard YouTube License, CC-BY
Central limit theorem; Author: 365 Data Science;https://www.youtube.com/watch?v=b5xQmk9veZ4;License: Standard YouTube License, CC-BY
Point Estimate Definition & Example; Author: Prof. Essa;https://www.youtube.com/watch?v=OTVwtvQmSn0;License: Standard Youtube License
Point Estimation; Author: Vamsidhar Ambatipudi;https://www.youtube.com/watch?v=flqhlM2bZWc;License: Standard Youtube License