Question

“The See Me” marketing agency wants to determine if time of day for a television advertisement...

“The See Me” marketing agency wants to determine if time of day for a television advertisement influences website searches for a product. They have extracted the number of website searches occurring during a one-hour period after an advertisement was aired for a random sample of 30 day and 30 evening advertisements. The data is shown in the accompanying table and contained in the accompanying Excel file. (You may find it useful to reference the appropriate table: z table or t table)

Day Searches Evening Searches
96670 118379
97855 111005
96368 100482
98465 122160
98550 117158
101623 101556
95753 98875
102036 104384
99475 110932
103780 101963
97608 123513
99859 102195
101764 111388
97287 116287
98066 119660
95390 112553
96125 98245
96767 98062
99494 101657
102498 106451
99260 104247
102020 105507
102468 118339
96543 109847
102491 123996
96557 122545
102627 113248
95048 104941
96969 111829
95103 114721

Click here for the Excel Data File

(Samples 1 and 2 represent website searches for daytime and nighttime advertisements, respectively.)

a. Set up the hypotheses to test whether the mean number of website searches differs between the day and evening advertisements.

  • H0: μ1μ2 = 0; HA: μ1μ2 ≠ 0

  • H0: μ1μ2 ≥ 0; HA: μ1μ2 < 0

  • H0: μ1μ2 ≤ 0; HA: μ1μ2 > 0



b-1. Calculate the value of the test statistic. Assume that the population variances are unknown but equal. (Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 3 decimal places.)



b-2. Find the p-value.

  • p-value < 0.01

  • 0.01 ≤ p-value < 0.02

  • 0.02 ≤ p-value < 0.05

  • 0.05 ≤ p-value < 0.10

  • p-value ≥ 0.10



c. At the 5% significance level, what is the conclusion?

Homework Answers

Answer #1

The statistical software output for this problem is :

(a) Option A is correct.

b - 1) Test statistics = -7.249

b-2) p-value < 0.01

c)Reject the null hypothesis

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
“The See Me” marketing agency wants to determine if time of day for a television advertisement...
“The See Me” marketing agency wants to determine if time of day for a television advertisement influences website searches for a product. They have extracted the number of website searches occurring during a one-hour period after an advertisement was aired for a random sample of 30 day and 30 evening advertisements. A portion of the data is shown in the accompanying table. Day Searches Evening Searches 96670          118379         97855         111005         96368         100482         98465         122160         98550         117158         101623         101556         95753        ...
Consider the following competing hypotheses and accompanying sample data. (You may find it useful to reference...
Consider the following competing hypotheses and accompanying sample data. (You may find it useful to reference the appropriate table: z table or t table) H0: μ1 – μ2 = 9 HA: μ1 – μ2 ≠ 9 x−1 = 54 , s1 = 21.6 , n1 = 22 x−2 = 32 , s2 = 15.3, n2 = 18 Assume that the populations are normally distributed with equal variances. a-1. Calculate the value of the test statistic. (Round intermediate calculations to at...
Recent evidence suggests that graduating from college during bad economic times can impact the graduate's earning...
Recent evidence suggests that graduating from college during bad economic times can impact the graduate's earning power for a long time (Financial Times, June 1, 2012). An associate dean at a prestigious college wants to determine if the starting salary of his college graduates has declined from 2008 to 2010. He expects the variance of the salaries to be different between these two years. The data are shown in the accompanying table and are contained in the accompanying Excel file....
Consider the following sample data drawn independently from normally distributed populations with unknown but equal population...
Consider the following sample data drawn independently from normally distributed populations with unknown but equal population variances. (You may find it useful to reference the appropriate table: z table or t table) Sample 1 Sample 2 12.1 8.9 9.5 10.9 7.3 11.2 10.2 10.6 8.9 9.8 9.8 9.8 7.2 11.2 10.2 12.1 Click here for the Excel Data File a. Construct the relevant hypotheses to test if the mean of the second population is greater than the mean of the...
The Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious investment professionals. It...
The Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious investment professionals. It is an attractive alternative to getting an MBA for students wanting a career in investment. A student of finance is curious to know if a CFA designation is a more lucrative option than an MBA. He collects data on 34 recent CFAs with a mean salary of $140,000 and a standard deviation of $35,000. A sample of 49 MBAs results in a mean salary...
The Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious investment professionals. It...
The Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious investment professionals. It is an attractive alternative to getting an MBA for students wanting a career in investment. A student of finance is curious to know if a CFA designation is a more lucrative option than an MBA. He collects data on 37 recent CFAs with a mean salary of $141,000 and a standard deviation of $39,000. A sample of 51 MBAs results in a mean salary...
(Round all intermediate calculations to at least 4 decimal places.) An entrepreneur owns some land that...
(Round all intermediate calculations to at least 4 decimal places.) An entrepreneur owns some land that he wishes to develop. He identifies two development options: build condominiums or build apartment buildings. Accordingly, he reviews public records and derives the following summary measures concerning annual profitability based on a random sample of 32 for each such local business ventures. For the analysis, he uses a historical (population) standard deviation of $22,900 for condominiums and $19,700 for apartment buildings. (You may find...
(Round all intermediate calculations to at least 4 decimal places.) An entrepreneur owns some land that...
(Round all intermediate calculations to at least 4 decimal places.) An entrepreneur owns some land that he wishes to develop. He identifies two development options: build condominiums or build apartment buildings. Accordingly, he reviews public records and derives the following summary measures concerning annual profitability based on a random sample of 32 for each such local business ventures. For the analysis, he uses a historical (population) standard deviation of $21,900 for condominiums and $19,900 for apartment buildings. (You may find...
A consumer advocate researches the length of life between two brands of refrigerators, Brand A and...
A consumer advocate researches the length of life between two brands of refrigerators, Brand A and Brand B. He collects data (measured in years) on the longevity of 40 refrigerators for Brand A and repeats the sampling for Brand B. These data are measured in years. (You may find it useful to reference the appropriate table: z table or t table) Brand A Brand B Brand A Brand B 23 12 21 18 22 15 17 20 18 20 20...
A consumer advocate researches the length of life between two brands of refrigerators, Brand A and...
A consumer advocate researches the length of life between two brands of refrigerators, Brand A and Brand B. He collects data (measured in years) on the longevity of 40 refrigerators for Brand A and repeats the sampling for Brand B. These data are measured in years. (You may find it useful to reference the appropriate table: z table or t table) Brand A Brand B Brand A Brand B 25 21 18 19 15 15 24 19 24 15 17...