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The following data are from an experiment designed to investigate the perception

ID: 3045952 • Letter: T

Question

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 8 10 5 7 10 6 6 9 5 7 9 4 8 10 5 6 9 5 Compute the values identified below (to 1 decimal, if necessary). Sum of Squares, Treatment Sum of Squares, Error Mean Squares, Treatment Mean Squares, Error 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? 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).

Explanation / Answer

using ms-excel One Way anova of following data has been analysed

since p-value is less than alpha=0.05, we reject null hypothesis H0: all means are equal and conclude that  there is a significant difference between the means for marketing managers (1), marketing research specialists (2), and advertising specialists (3).

LSD=sqrt(2*MSE/r)*t(0.05,error df)=sqrt(2*0.5/6)*2.11=0.86

marketing Manager marketing research advertising 8 10 5 7 10 6 6 9 5 7 9 4 8 10 5 6 9 5
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