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Draw the ANOVA Interactive Cases Listed Below (Figure 16

question 79

Essay

Draw the ANOVA interactive cases listed below (Figure 16.5 in the text). Name your dependent variable Y and assume that there are two factors, X1 with three levels (X11, X12, and X13), and X2 with two levels (X21 and X22). Briefly discuss/describe the interaction shown in each of your drawings.
1. no interaction
2. ordinal interaction
3. disordinal interaction (noncrossover)
4. disordinal interaction (crossover)


Definitions:

Total Surplus

The sum of consumer surplus and producer surplus, representing the total net benefit to society from producing and consuming a good or service.

Consumer Surplus

Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually pay.

Producer Surplus

The gap between the price producers are ready to take for offering a product or service and the actual payment they receive.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, representing the benefit consumers receive.

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