[Solution] You now want to determine if there is a difference in the ADVERTISING value between the "For Profit" and "Not For Profit" clinics. Youbelieve


Question: You now want to determine if there is a difference in the ADVERTISING value between the "For Profit" and "Not For Profit" clinics. Youbelieve that on average, not for profit clinics will spend more on adverting than for profit clinics.

  1. First, sort your sample by the PROFIT STATUS variable–" For Profit" or "Not For Profit ."
  2. Using the appropriate statistical test, determine if there is a statistically significant difference in the average ADVERTISING between " For Profit" or "Not For Profit" clinics.
  3. *** Follow the eight hypothesis testing steps and use an alpha of 0.10 . Be sure to state your assumptions in the first step . Explain your results based on the p-value as well as the obtained vs. critical values.
  4. *** Is your hypothesis one-tailed or two-tailed? Which is more conservative?
  5. *** If you used an alpha of 0.05, would your results have been different? Explain in detail.

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

log in to your account

Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in