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Cindy Ho, VP of Finance at Discrete Components, Inc Using α\alpha

question 49

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Cindy Ho, VP of Finance at Discrete Components, Inc.(DCI) , theorizes that the discount rate offered to credit customers affects the average collection period on credit sales.Accordingly, she has designed an experiment to test her theory using four sales discount rates (0%, 2%, 4%, and 6%) by randomly assigning five customers to each sales discount rate.An analysis of Cindy's data produced the following ANOVA table.  Source of Variation SSdfMS F  Treatrnent 5.3531.783333 Error 177.21611.075 Total 182.5519\begin{array} { | r | r | r | r | r | } \hline \text { Source of Variation } & \mathbf { S S } & \mathrm { df } & \mathrm { MS } & \text { F } \\\hline \text { Treatrnent } & 5.35 & \mathbf { 3 } & 1.783333 & \\\hline \text { Error } & 177.2 & 16 & 11.075 & \\\hline \text { Total } & 182.55 & 19 & & \\\hline\end{array} Using α\alpha = 0.01, the observed F value is _________.


Definitions:

Depression

A common mental health disorder characterized by persistent sadness, loss of interest in activities, and a variety of emotional and physical problems.

Contingency Management

A behavior modification technique that incentivizes or rewards desired behaviors, while discouraging undesired ones, typically used in addiction treatment.

Drug Use

The consumption of substances that can alter perception, mood, or consciousness, often classified as legal (e.g., prescription medications) or illegal (e.g., heroin).

Reinforcers

In behavioral psychology, stimuli which, when they follow a behavior, increase the likelihood that the behavior will occur again.

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