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The General Manager of a Frozen TV Dinner Maker Must \quad

question 41

Short Answer

The general manager of a frozen TV dinner maker must decide which one of four new dinners to introduce to the market. He decides to perform an experiment to help make a decision. Each dinner is sampled by ten people who then rate the product on a 7-point scale, where 1 = poor, and 7 = excellent. The results are shown below. \quad \quad \quad \quad \quad \quad \quad \quad \quad  Taste Ratings \text { Taste Ratings }
 Respondent  Dinner 1  Dinner 2  Dinner 3  Dinner 4 166452552437734466545764367535764348564694435107564\begin{array}{|c|c|c|c|c|}\hline \text { Respondent } & \text { Dinner 1 } & \text { Dinner 2 } & \text { Dinner 3 } & \text { Dinner 4 } \\\hline 1 & 6 & 6 & 4 & 5 \\\hline 2 & 5 & 5 & 2 & 4 \\\hline 3 & 7 & 7 & 3 & 4 \\\hline 4 & 6 & 6 & 5 & 4 \\\hline 5 & 7 & 6 & 4 & 3 \\\hline 6 & 7 & 5 & 3 & 5 \\\hline 7 & 6 & 4 & 3 & 4 \\\hline 8 & 5 & 6 & 4 & 6 \\\hline 9 & 4 & 4 & 3 & 5 \\\hline 10 & 7 & 5 & 6 & 4 \\\hline\end{array}

Use Excel to find the exact p-value for this test.


Definitions:

Direct Labor-hours

The sum of working hours of employees directly contributing to the production activities.

Cash Disbursements

Payments made in cash by a business, including operating expenses, purchasing of assets, and other financial activities.

Manufacturing Overhead

All manufacturing costs that are not directly related to the production of a product, including expenses such as rent, utilities, and salaries for managers.

Direct Labor Cost

The cost that can be directly attributed to the production of specific goods or services, such as wages of employees directly involved in production.

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