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Many consumers consider Post Grape-Nuts cereal as a product their grandfathers ate.This makes it unacceptable to a large part of the consumer market.Without changing the product,Post ran a series of Grape-Nuts ads that described the sweet,nutty taste of the cereal and encouraged people to try it as a topping on yogurt for something good to eat.Post is trying to:
Effect Size
A quantitative measure of the magnitude of a phenomenon or the strength of the relationship between variables.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true, typically set at 0.05 or 5%.
Degrees of Freedom
Represents the number of independent pieces of information available to estimate another piece of information or parameter in a dataset.
Test Statistic
A value calculated from sample data during a hypothesis test, used to decide whether to reject the null hypothesis.
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