Exhibit 13-7 The Following Is Part of an ANOVA Table That Was

question 20

Multiple Choice

Exhibit 13-7
The following is part of an ANOVA table that was obtained from data regarding three treatments and a total of 15 observations.
-Refer to Exhibit 13-7. If at 95% confidence, we want to determine whether or not the means of the populations are equal, the p-value is

• A)between 0.01 to 0.025
• B)between 0.025 to 0.05
• C)between 0.05 to 0.1
• D)greater than 0.1

---

Definitions:

Franchising

Permission to use another company’s trademarks, patents, copyrights, and expertise according to a strict template setting out the way it does business.

Importing

Purchasing goods or services from another country to be sold in a company’s home market.

Economic Factor

Any of the various elements that influence the economy of a region or country, such as inflation, employment rates, and GDP growth.

PEST Analysis

A crucial instrument for businesses, designed to pinpoint, examine, and track the wide-ranging environmental influences that could significantly affect a company's success.