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SCENARIO 12-14
A perfume manufacturer is trying to choose between 2 magazine advertising layouts.An expensive layout would include a small package of the perfume.A cheaper layout would include a "scratch- and-sniff" sample of the product.The manufacturer would use the more expensive layout only if there is evidence that it would lead to a higher approval rate.The manufacturer presents the more expensive layout to 4 groups and determines the approval rating for each group.He presents the "scratch-and-sniff" layout to 5 groups and again determines the approval rating of the perfume for each group.The data are given below.Use this to test the appropriate hypotheses with the Wilcoxon Rank Sum Test with a level of significance of 0.05.
12-34 Chi-Square and Nonparametric Tests
-Referring to Scenario 12-14,the rank given to the second observation in the "scratch-and-sniff" group is .
Enforceable
That which can be compelled or executed in accordance with legal statutes or regulations.
Binding Contracts
Agreements that are legally enforceable in a court of law, with all parties having agreed to the terms.
Joint Tenancy
A form of co-ownership where two or more persons hold an equal interest in a property with the right of survivorship.
Evidenced In Writing
A requirement or practice where the details of an agreement or transaction are documented in written form as proof or validation of its terms.
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