MNM, Inc Has Three Stores Located in Three Different Areas

question 64

Essay

MNM, Inc. has three stores located in three different areas. Random samples of the sales of the three stores (in $1,000s) are shown below. $$\begin{array} { c c c } \text { Store 1 } & \text { Store 2 } & \text { Store 3 } \\88 & 76 & 85 \\84 & 78 & 67 \\88 & 60 & 55 \\82 & 58 & \\92 & &\end{array}$$ At a 5% level of significance, test to see if there is a significant difference in the average sales of the three stores. Show your complete work and the ANOVA table. (Please note that the sample sizes are not equal.)
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Definitions:

Channel-Spanning Performance Measures

Metrics that evaluate the effectiveness and efficiency of a company across multiple distribution channels or stages of the supply chain.

Reverse Flows

Processes involved in the return or recycling of products and materials from the consumer or final user back to the originating company or to a third-party for disposal or re-use.

Workforce Issues

Refers to challenges and matters concerning the labor force of an organization, including recruitment, training, retention, and employment laws.

Supply Chain Industry

The sector involving companies and professionals dedicated to managing the flow of goods, services, and information from production to consumption.