In: Statistics and Probability
A consulting company was tasked with identifying which market segment would be more profitable, labeled as Segment A or Segment B. A survey was created showing a product to the two different segments, and respondents were asked to rate the product on a scale from 1 to 10 (1 worst, 10 best). Use data from "segment" sheet.
Which of the following are correct? More than one answer is possible.
Market segment A was higher than market segment B, on average, although it was not statistically significant. |
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The p-value was 0.1217 |
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The p-value used was 0.10 |
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Market segment B was higher than market segment A, on average, although it was not statistically significant. |
Segment | Product Rating |
A | 6 |
A | 5 |
A | 2 |
A | 2 |
A | 10 |
A | 9 |
A | 9 |
A | 8 |
A | 6 |
A | 9 |
A | 6 |
A | 5 |
A | 8 |
A | 10 |
A | 4 |
A | 9 |
A | 4 |
A | 2 |
A | 4 |
A | 5 |
A | 8 |
A | 6 |
A | 7 |
A | 7 |
A | 4 |
A | 7 |
A | 7 |
A | 6 |
A | 7 |
A | 10 |
B | 8 |
B | 1 |
B | 3 |
B | 7 |
B | 6 |
B | 5 |
B | 4 |
B | 1 |
B | 7 |
B | 2 |
B | 1 |
B | 7 |
B | 9 |
B | 2 |
B | 1 |
B | 4 |
B | 7 |
B | 1 |
B | 9 |
B | 9 |
B | 8 |
B | 4 |
B | 10 |
B | 5 |
B | 10 |
B | 10 |
B | 10 |
B | 3 |
B | 1 |
B | 2 |