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TABLE 11-9
The marketing manager of a company producing a new cereal aimed for children wants to examine the effect of the color and shape of the box's logo on the approval rating of the cereal. He combined 4 colors and 3 shapes to produce a total of 12 designs. Each logo was presented to 2 different groups (a total of 24 groups) and the approval rating for each was recorded and is shown below. The manager analyzed these data using the ? = 0.05 level of significance for all inferences.
-Referring to Table 11-9, the mean square for the factor shape is _____.
Subjective Approach
An approach to making decisions or assessments that relies on individual preferences, emotions, or thoughts, instead of objective data or proof.
WACC
Weighted Average Cost of Capital; a calculation of a firm's cost of capital in which each category of capital is proportionately weighted, representing the average cost of funding from all sources.
Pure Play
A company that focuses on a specific industry or product segment without diversification into other areas.
Capital Structure
The combination of borrowing and ownership funds that a business employs to finance its activities and expansion.
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