Exam 9: Primary Data Collection: Experimentation and Test Markets

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Under what conditions can the results of a test market be used to forecast sales for a region?

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Test market results can be used to forecast sales for larger areas,such as a region,
when the characteristics associated with the behavior of interest are similar in
both the test market and the region.

The extent to which a new product takes away from the innovative company's present business is referred to as cannibalization.

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An experiment is designed to test how consumers go about choosing life insurance policies.If this experiment uses a sample of college students,it would likely not have _______.

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C

If extraneous factors in an experiment can be identified and measured, __________ can be used to control these factors.

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Studies in which the researcher lacks complete control over the scheduling of treatments or must assign respondents to treatments in a nonrandom manner is which of the following?

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When designing a test market,the marketer is often interested in finding out whether a new product's sales will take away sales from existing products.What is this referred to as?

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The first step in a test market study is to select a basic approach.

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Test markets are which of the following type of experiment?

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__________ refers to changes in subjects throughout the course of the experiment that are a function of time,such as getting older,tiring,etc.

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An analysis of company financial records shows that in every year that the company increased its advertising expenditures,sales increased.What can you say about the relationship between the two factors/variables?

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Laboratory experiments are usually conducted in uncontrolled settings.

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__________ refers to the intervention between the beginning and end of an experiment,involving outside variables or events that might change the dependent variable.

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The costs of producing a product for a test market are comparable to the cost associated with a national launch of the new product.

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In order to show that variable A causes variable B,A must occur:

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Concomitant variation occurs when 2 variables are _______.

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Experiments are especially effective in showing causality because they are able to do what?

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The One-Shot Case Study Design is the design employed most frequently for testing changes in established products or marketing strategies.

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An Interrupted Time-Series Design is an example of a quasi- experiment.

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Which of the following is often the most important data produced by a test market?

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Two variables must be correlated to be causally related.

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