List at least 3 qualitative attributes of the snack food about which they might want to ask consumers.

Economic Analysis of the Demand for a Product/Service in Healthcare Sector
June 6, 2021
 In everyday life, we are regularly exposed to various claims about human psychology and human behavior. While some of these claims may be scientifically valid, many of them are not. Choose a psychol
June 6, 2021
Show all

List at least 3 qualitative attributes of the snack food about which they might want to ask consumers.

Weekly tasks or assignments (Individual or Group Projects) will be due by Monday, and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.

One of the products that Company W makes is snack foods. The research and development department of Company W has developed a new formula for one type of snack food that is cheaper to make than the current formula. They want to test the new formula with consumers. They want to see if consumers can tell the difference between the old and new formulas. You propose to conduct this test and analyze the results in line with WidgeCorp’s approach to gathering statistical data and use it to form business intelligence decisions. You first need to explain the process to senior management at Company W. You advocate using an unbiased sample of consumers in their test, so that Company W is randomly selecting people based on the following: age; whether or not they have kids; where they live; how often they buy snack foods; and whether or not they already buy the current product.

Prepare a presentation that addresses the following:

List at least 3 qualitative attributes of the snack food about which they might want to ask consumers. Make sure at least 1 of them is nominal.
For each attribute that is ordinal, assign names for the endpoints of a 5 point rating scale.
Explain the difference between nominal and ordinal data.
Explain how nominal and ordinal data relate to a rating scale.
List at least 2 quantitative attributes of snack food that the scientists might want to measure.
Explain the difference between interval and ratio data.
Include in your presentation the concept of business intelligence.
Include in your presentation the difference between a population and a sample.
Note why it is important to avoid bias when conducting research (see note below).
Note: Give 2 examples of possible populations for this test.

Please submit your assignment.

For more information on creating PowerPoint Presentations, please visit the Microsoft Office Applications Lab.

For assistance with your assignment, please use your text, Web resources, and all course materials.

Course Materials


 

. WITH BEST NURSING TUTORS .

get-your-custom-paper

The post List at least 3 qualitative attributes of the snack food about which they might want to ask consumers. appeared first on BEST NURSING TUTORS .

 

Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code “Newclient” for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.


The post List at least 3 qualitative attributes of the snack food about which they might want to ask consumers. appeared first on The Nursing TermPaper.

"Is this question part of your assignment? We Can Help!"

Essay Writing Service