Firms having cash-flow problems should preferably resort to marketing research.
When we have a gap between what did happen and what could have happened, we
normally refer to the gap as an opportunity.
Rebecca Sims is the general manager of a chain of auto parts stores. There are 400
stores in the country and they are divided up into seven divisions based upon
geography. Each division has a division manager. The firm prides itself on keeping
close tabs on customer satisfaction, and Rebecca has decided to take a sample of the
400 to test a new surrogate measure of customer satisfaction – the dollar value of
returned merchandise. Each sample store reports daily the dollar value of merchandise
returned and an average is calculated for each division. When Rebecca sees the first set
of results, she wants to know if the differences between the division means are real or
due to sampling error. Rebecca should use which test?
A) a z test of the difference between two percentages
B) independent samples t test
C) paired samples t test
D) ANOVA
E) division differences test