Assignment: Interpreting Correlational Findings Following are brief summaries of correlational findings, in which variables were found to be significantly associated with each other. Your task is to determine which of the three major causal models (i.e., interpretations) could account for each finding. Indicate in the table below, by placing an X in the appropriate space, which of these three models could provide a possible explanation. Place an X in the space only if you judge the causal model to be possible & reasonably plausible. If you decide that the third model is possible, generate two possibilities for what variable “C” could represent, and type a short summary (one to 4 words should be sufficient) of these variables in …show more content…
Causal interpretation --------------------------------------------------------------------------------------------------------------------- A Variables correlated (A & B) A(B B (A C B --------------------------------------------------------------------------------------------------------------------- Having a pet in childhood (A) & ___X___ _______ _______ likelihood of becoming a CEO (B) Potential third Variables: _____________________ _____________________ 2. A study of factors predicting profitability in bank branches found that branches with friendly tellers (friendliness as rated by bank customers) were more profitable than were branches with less friendly tellers. Causal interpretation
The banking industry is highly competitive. The financial services industry has been around for hundreds of years. Wells Fargo has many competitors itself. In this paper, I will be doing a comparison of Wells Fargo & Company (WFC) and one of its biggest competitors, Bank of America Corporation (BAC). By analyzing looking at the financial ratios, one can see whether the company is successful or not. In the following, I will try to analyze and make a comparison of Wells Fargo’s and Bank of America’s recent performance in growth, income, and efficiency. Using a these criteria, I will determine which bank is the better buy according my analysis. My analysis of WFC & BAC’s performances
These customers value both low cost and excellent customer service. Providing both generates both branch loyalty and advertisement through word of mouth.
Question 11: In your own words, interpret the results of the New Jersey case-control study.
Refer as needed to the material in Chapters 12 and 13 of the textbook. Keep the following tips in mind as you research data, as well as organize, analyze, interpret, and illustrate these data:
scores; (b) describe in words the general pattern of correlation, if any; (c) figure the correlation coefficient; (d) figure whether the correlation is statistically significant (use the .05 significance level, two-tailed); (e) explain the logic of what you have done, writing as if you are speaking to someone who has never heard of correlation (but who does understand the mean, deviation scores, and hypothesis
What evidence is there in the extract above of examples of each of these factors? Which of the three, if any appear to dominate in this extract?
In this essay I will describe correlation is a measure of association as well as describe different methods of establishing a correlation between variables. In this essay I will also explain advantages and disadvantages of each method, were each must be applied, and provide particular circumstances and examples in which a researcher may want to establish correlation
does and the number of new customers the bank gets each quarter. What type of research is this an
desirable. In my research, JPMorgan Chase found that more consumers came inside the branch to
Select two of the theories, suggested in Chapter 3 of the text, that a researcher could use to
Test results showed that most of the independent variables were positively related in the strength of the
Since retail banking was a major source of their costs as well as revenue, they conducted a branch efficiency review which pointed out issues
The purpose of this report is to analyze customer’s profitability to provide relevant information for Internet strategy in Pilgrim Bank. To get a conclusion from the disagreements between charging online banking fees and offering customers incentives to use online banking, I obtained relevant data and compared online and offline customers’ profitability. Since only comparing balance level will miss some important information, such as, the cost of serving individual customers, therefore, in my analysis, I primarily focus on profitability.