100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

PRINCIPLES OF MARKETING RESEARCH MKTG 352 EXAM ( correctly solved) -USC

Rating
-
Sold
-
Pages
5
Grade
A+
Uploaded on
12-11-2024
Written in
2024/2025

PRINCIPLES OF MARKETING RESEARCH MKTG 352 EXAM ( correctly solved) -USC










Whoops! We can’t load your doc right now. Try again or contact support.

Document information

Uploaded on
November 12, 2024
Number of pages
5
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

PRINCIPLES OF MARKETING RESEARCH MKTG 352 EXAM ( correctly
solved) -USC


Q1: Please review the Rocket Fuel case along with our discussion in the class and answer the
following questions. (25 Points)

Q1a: What is the independent variable in the experiment described in the Rocket Fuel case? (7
Points)

Whether they saw the ad or not

Q1b: What type of data (nominal, ordinal, interval, ratio) is the independent variable? (5 Points)

Nominal

Q1c:What is the dependent variable in the experiment? (7 Points)

Whether they purchased/ converted or not

Q1d: What type of data (nominal, ordinal, interval, ratio) is the dependent variable? (6 Points)

Ordinal

Q2: Was the advertising campaign effective? (i.e., did additional consumers convert because of
the advertising campaign?). Answer each of the following questions below will lead you to the
answer of this question. (25 Points)

Q2a: Based on the NOIR classification (or data type) of the independent variable and the
dependent variable, which statistical test do you think fits the situation most appropriately? (5
Points)

A. Chi-Square Test
B. t-Test


Q2b: What is the test formula of the correct statistical test? (5 Points)

O−E ¿2
¿
¿
¿
X =∑ ¿
2


Q2c: Please report the test value based on your computation. (5 Points)

54.32

, Q2d: Is the test result statistically significant? Why? (5 Points)

Yes because the value is higher than the critical value.

Q2e: Was the advertising campaign effective? (5 Points)

Yes because the ad did effect the purchases.

Q3: In A/B testing and other field experiments, it is important to design the right sample size. (25
Points)

Q3a: If Rocket Fuel had reduced the size of the existing control group by 50%, do you see any
potential issues? YES . (3 Points) If your answer is yes, describe the potential issue(s)
in no more than 30 words. (5 Points)


The group could get too small and negatively effect the outcome and make it less effective.




Q3b: If Rocket Fuel had increased the size of the existing control group by 50%, do you see any
potential issues? YES . (3 Points) If your answer is yes, describe the potential issue(s)
in no more than 30 words. (5 Points)

The group could become too big and less effective with too many opinions.




Q3c: If Rocket Fuel had run the trial campaign from November 2015 to December 2015, do you
see any potential issues? YES . (3 Points) If your answer is yes, describe the potential
issue(s) in no more than 50 words. (6 Points)



This would not work because it would only be a month vs including a whole year. It would also
only include the holiday season which would give inaccurate numbers for any other month.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Edumax Johns Hopkins University
View profile
Follow You need to be logged in order to follow users or courses
Sold
51
Member since
1 year
Number of followers
3
Documents
1303
Last sold
1 day ago
EDUMAX SOLUTIONS

3.8

5 reviews

5
2
4
1
3
1
2
1
1
0

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions