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Suppose That You Are Using a 9-Point Rating Scale to Compare

question 53

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Suppose that you are using a 9-point rating scale to compare men who have an annual income over $50,000 (Group 1) with men who have an annual income less than or equal to $50,000 (Group 2) with regard to their assessment of a new product.There are forty men in Group 1 and they have a mean of 7 and a standard deviation of 2.5,while the 35 men in Group 2 have a mean of 5 and a standard deviation of 1.4.What is the approximate value of t using the t-test?


Definitions:

Decision Support System Technology

Decision support system technology comprises computer-based tools and applications designed to assist in making informed decisions by analyzing large amounts of data and presenting actionable information.

Vroom-Jago

A decision-making model that helps leaders choose the best course of action by considering the importance of the decision and the involvement of team members.

Group-Oriented

A focus on teamwork and collective goals rather than individual achievements.

Vroom-Jago Leader-Participation Model

A decision-making framework that helps leaders determine the level of involvement of team members in the decision-making process.

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