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A Sample Size of 1000 Is Used to Test a Structural

question 40

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A sample size of 1000 is used to test a structural model of advertising effectiveness for the Coca-Cola company.The results show that a significant relationship exists between advertising effectiveness and sales.The estimated value of the standardized path estimate is .035.The Coca-Cola management dismisses the finding.Why?

Understand and apply the concept of binomial distribution to calculate probabilities.
Calculate mean and variance for binomial distributions.
Use the cumulative binomial probabilities table for solving probability problems.
Understand and apply the concept of expected value in the context of binomial distribution.

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