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Many Companies Use Well-Known Celebrities as Spokespeople in Their TV

question 37

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Many companies use well-known celebrities as spokespeople in their TV advertisements.A study was conducted to determine whether brand awareness of female TV viewers and the gender of the spokesperson are independent.Each in a sample of 300 female TV viewers was asked to identify a product advertised by a celebrity spokesperson.The gender of the spokesperson and whether or not the viewer could identify the product was recorded.The numbers in each category are given below. Many companies use well-known celebrities as spokespeople in their TV advertisements.A study was conducted to determine whether brand awareness of female TV viewers and the gender of the spokesperson are independent.Each in a sample of 300 female TV viewers was asked to identify a product advertised by a celebrity spokesperson.The gender of the spokesperson and whether or not the viewer could identify the product was recorded.The numbers in each category are given below.   Referring to these sample data,if the appropriate null hypothesis is tested using a significance level equal to .05,which of the following conclusions should be reached? A) There is a relationship between gender of the celebrity and product identification. B) There is no relationship between gender of the celebrity and product identification. C) The mean number of products identified for males is different than the mean number for females. D) Females have higher brand awareness than males. Referring to these sample data,if the appropriate null hypothesis is tested using a significance level equal to .05,which of the following conclusions should be reached?

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Definitions:

United States

A country located in North America, comprised of 50 states, known for its significant influence on global economics, politics, and culture.

International Investment Portfolios

Collections of investments held by individuals or institutions which are composed of assets from various countries, diversifying risk and opportunity across international markets.

Foreign Exchange Markets

An international financial marketplace where currencies are traded, determining the exchange rates for global trading and investment.

Volatility

A statistical measure of the dispersion of returns for a given security or market index, typically indicating the level of risk or uncertainty.

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