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SCENARIO 10-3
As part of an evaluation program, a sporting goods retailer wanted to compare the downhill coasting speeds of 4 brands of bicycles.She took 3 of each brand and determined their maximum downhill speeds.The results are presented in miles per hour in the table below.
-Referring to SCENARIO 10-3, the sporting goods retailer decided to perform an ANOVA F test.The amount of total variation or SST is .
Satisficing
A decision-making strategy that involves selecting an option that meets a minimum level of satisfaction, rather than optimizing outcomes.
Alternative
A distinct option or choice among multiple possibilities.
Conscious Reasoning
The deliberate use of logic and rational thinking in making decisions or solving problems, typically involving awareness and reflective thought.
Intuition
The skill to comprehend or perceive something right away, bypassing the process of conscious deliberation.
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