Author Question: The SSB is calculated by multiplying the deviation of each group mean from the grand mean and ... (Read 115 times)

D2AR0N

  • Hero Member
  • *****
  • Posts: 561
The SSB is calculated by multiplying the deviation of each group mean from the grand mean and dividing by the number of observations.
 
 Indicate whether the statement is true or false

Question 2

Which is more dominated by search and experience qualitiesgoods or services? Which is more dominated by experience and credence qualities? What are the marketing implications due to these differences?



tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

F
The SSB is calculated by squaring the deviation of each group mean from the grand mean, multiplying by the number of items in the group, and then summing these scores.

Answer to Question 2

Goods are dominated by search and experience qualities, and services are mostly comprised of experience and credence qualities. There are multiple marketing implications caused by these differences. It is easier to price a good than a service (e.g., a pair of socks compared to consulting advice). Additionally, it is easier for customers to assess a goods purchase compared to a service purchase. This means marketers need to cue the client that the service is excellent.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library