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An Interaction Between Factors a and B in a Factorial

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An interaction between factors A and B in a factorial analysis occurs when the effect of factor A is different for various levels of factor B.


Definitions:

Cost Of Goods Sold

Expenses inherently linked to the manufacturing of a company's products, including the costs of materials and labor.

Finished Goods

Items that have gone through the production process and are now prepared for sale.

Manufacturer

A company or person that produces finished goods from raw materials in large quantities through various processes.

Ready For Sale

Indicates items or products are in a condition where they can be offered to customers for purchase.

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