Question

In: Statistics and Probability

Describe if there is a relationship between the variables Product Quality, Competitive Price, Accessibility, and Advertising...

Describe if there is a relationship between the variables Product Quality, Competitive Price, Accessibility, and Advertising Capability towards Customer Satisfaction, use these data

Customer Satisfaction

Customer Satisfaction

Pearson Correlation

1

Sig. (2-tailed)

N

100

Product Quality

Pearson Correlation

.486**

Sig. (2-tailed)

.000

N

100

Competitive Price

Pearson Correlation

.113

Sig. (2-tailed)

.265

N

100

Accessibility

Pearson Correlation

.305**

Sig. (2-tailed)

.002

N

100

**. Correlation is significant at the 0.01 level (2-tailed).

2. State also the hypothesis

3. which has the highest relationship toward Customer Relationship? Which has the lowest relationship? Briefly Explain

Solutions

Expert Solution

Here are answers to the question. Please let me know in case you've doubts.

1.

Between Product quality and Customer satisfaction , yes there' a positive correlation of medium strenth which is statistically significant.

Between Product quality and Customer satisfaction , yes there' a positive correlation of medium strenth which is NOT statistically significant.

Between Accessibility and Customer satisfaction , yes there' a positive correlation of weak strength which is statistically significant.

2. The hypotheses are set up for each of the correlations between 2 variables in the following way:   

i.

null hypothesis, Ho: Phi1 = 0
alternate hypothesis, Ha: Phi1!= 0,
where Phi1 is the correlation coefficient between Customer satisfaction and Product Quanitity

ii.

null hypothesis, Ho: Phi2 = 0
alternate hypothesis, Ha: Phi2!= 0,
where Phi2 is the correlation coefficient between Customer satisfaction and Competetive prices

iii.

null hypothesis, Ho: Phi3 = 0
alternate hypothesis, Ha: Phi3!= 0,
where Phi3 is the correlation coefficient between Customer satisfaction and Accessibility

3.

The highest relationship towards Customer satisfaction is "Product Quality" because they have got the highest correlation score of .486 between them, which is statistically significant.

The lowest relationship towards Customer satisfaction is "Competitive Price" because they have it has an statistically insignificant score, hence the correlation between them is 0


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