Purchase Solution

Measures of Association

Not what you're looking for?

Ask Custom Question

I need to work out the following problem using a measure of association. A research team conducted a study of soft-drink preferences of a test market prior to an advertising campaign for a new cola product. The participants are 130 teens and 130 adults.
Results of study:
- 50 of the teens preferred cola and 80 prefer non-cola
- 90 adults prefer cola and 40 non-cola

So I have to calculate an appropriate measure of association and decide how to present the results. How can this information affect the ad campaign? I am not too sure how to answer this question.

Purchase this Solution

Solution Summary

This solution provides assistance in the given problem using a measure of association.

Purchase this Solution


Free BrainMass Quizzes
Learning Lean

This quiz will help you understand the basic concepts of Lean.

Introduction to Finance

This quiz test introductory finance topics.

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.