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Marketing Research Study Set 1
Quiz 18: Determining and Interpreting Associations Among Variables
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Question 81
Multiple Choice
Michelle Steward is a marketing professor at Wake Forest University. Michelle had been asked by the administration to study a sample of classes at Wake to help the university understand the student population better particularly in terms of factors that differentiate students with high versus low GPAs. One of the questions asked was: "What score did you earn (0 to 100) on the last test that you took?" and another question in the study asked "How much time, estimated in numbers of minutes, did you study for the last test you took?" Michelle decided to run a Pearson Product Moment correlation analysis on these two questions. When she did, SPSS generated the following output: Pearson Correlation .98; Sig. (2 tailed) .0001. Michelle knew that this meant:
Question 82
True/False
If you plotted data between two variables and the points all fell precisely in a straight line that was sloping upward to the right, your correlation coefficient would be equal to +1.0.
Question 83
Multiple Choice
The advertising director in your firm announced her resignation this morning to take another job, and she is leaving this afternoon. Your boss has asked you to take charge of advertising. Unfortunately, you learn the former director was just beginning planning for an upcoming promotion of one of the company's new products. Your immediate decision is to determine a brand name for the product. As the former director leaves, she stops by to drop off some marketing research reports she had just received, which includes several tests on brand names that were proposed for the new brand. The research company tested 30 potential brand names. For each brand name, they collected data on a number of variables such as "intention to purchase" and "attitude toward the brand name." All these variables were collected using 5-point intensity continuum scales. Thus, all the variables possess an interval level of measurement. Just focusing on the two variables mentioned ("intention to purchase" and "attitude toward the brand name") , what type of analysis would you conduct to help you make the decision?
Question 84
True/False
If you plotted data between two variables and the points all fell precisely in a straight line that was sloping downward to the right, your correlation coefficient would be equal to +1.0.