Please help me calculate the p-value show the work please 21. A market research
ID: 3321194 • Letter: P
Question
Please help me calculate the p-value
show the work please
21. A market research firm used a sample of individuals to rate the purchase potential of a particular product before and after the individuals saw a new television commercial about the product. The purchase ratings were based on a 0 to 10 scale, with higher values indicating a higher purchase potential. Conduct a hypothesis test that would show that the commercial improved the mean purchase potential rating. Use = .05 and the following data to test the hypothesis and then comment on the value of the commercial Individual After Before 4 4 Test Stat: t=131 df-7 Critical Value: 1.895 p-value Ha:Explanation / Answer
Range of p-value:
Go to t-table, row df=7. The t-test statistics lies between values 1.119 and 1.415. Corresponding one tail probabilities are 0.10 and 0.15.
That is p-value lies between 0.10 and 0.15.
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Exact p-value:
Use excel function "=TDIST(1.36,7,1)" gives the exact p-value 0.1080.
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