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Consumer Profile Responses 15-25 26-35 36-45 1. Age 2. Family Income 3. Social Class N 45 & above Total Below 25,000 25,000-50,000 Mean 252 101 84 48 476.92 485 434.56 102 399.72 218 395.38 116 388.53 436 394.57 34 388.29 Above 50,000 Total Lower class Middle class Upper class Total 400 434.42 51 438.29 485 431.59 Note: *Significant at 5 percent level (p value <0.05), **Significant at 1 percent level (p value <0.01) Standard Deviation 407.44 432.93 493.69 df 209.071 188.872 153.542 168.456 194.95 31.536 30.058 26.524 29.73 100.81 94.152 105.164 96.365 3 F value 481 5.085** 484 2 433 4.056* 435 2 482 3.770* 484 Significance 0.002 0.018 0.024

Consumer Profile Responses 15-25 26-35 36-45 1. Age 2. Family Income 3. Social Class N 45 & above Total Below 25,000 25,000-50,000 Mean 252 101 84 48 476.92 485 434.56 102 399.72 218 395.38 116 388.53 436 394.57 34 388.29 Above 50,000 Total Lower class Middle class Upper class Total 400 434.42 51 438.29 485 431.59 Note: *Significant at 5 percent level (p value <0.05), **Significant at 1 percent level (p value <0.01) Standard Deviation 407.44 432.93 493.69 df 209.071 188.872 153.542 168.456 194.95 31.536 30.058 26.524 29.73 100.81 94.152 105.164 96.365 3 F value 481 5.085** 484 2 433 4.056* 435 2 482 3.770* 484 Significance 0.002 0.018 0.024

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 2CYU
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Table 02: Demographic Factors Influencing Consumers for buying Toothpaste

 

Write a brief summary of demographic about the consumption pattern and buying behavior of the people from this table.

Consumer Profile Responses N Mean Standard Deviation df Fvalue Significance 15-25 252 407.44 209.071 3 26-35 101 432.93 188.872 1. Age 36-45 84 493.69 153.542 481 5.085** 0.002 48 45& above |Total Below 25,000 476.92 434.56 399.72 168.456 485 194.95 484 102 31.536 2 2. Family Income 25,000-50,000 218 395.38 30.058 Above 50,000 Total 116 388.53 26.524 433 4.056* 0.018 436 394.57 29.73 435 Lower class 34 388.29 434.42 100.81 2 3. Social Class 94.152 105.164 96.365 Middle class 400 Upper class 51 482 3.770* 0.024 438.29 Total 485 431.59 484 Note: *Significant at 5 percentlevel (P value <0.05), **Significant at 1 percentlevel (p value <0.01)
Transcribed Image Text:Consumer Profile Responses N Mean Standard Deviation df Fvalue Significance 15-25 252 407.44 209.071 3 26-35 101 432.93 188.872 1. Age 36-45 84 493.69 153.542 481 5.085** 0.002 48 45& above |Total Below 25,000 476.92 434.56 399.72 168.456 485 194.95 484 102 31.536 2 2. Family Income 25,000-50,000 218 395.38 30.058 Above 50,000 Total 116 388.53 26.524 433 4.056* 0.018 436 394.57 29.73 435 Lower class 34 388.29 434.42 100.81 2 3. Social Class 94.152 105.164 96.365 Middle class 400 Upper class 51 482 3.770* 0.024 438.29 Total 485 431.59 484 Note: *Significant at 5 percentlevel (P value <0.05), **Significant at 1 percentlevel (p value <0.01)
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