Before Releasing a New Product, a Small Company Wants to Compare

question 21

Multiple Choice

Before releasing a new product, a small company wants to compare the prices in the market for similar products from other brands presented in the same field. To do this, research has been conducted, and information has been collected for three similar brands. The information is presented in the table below. ​ Carry out an ANOVA test and find the F and P values.

• A) , , , and P-value is less than 0.01.
• B) , , , and P-value is greater than 0.10.
• C) , , , and P-value is slightly greater than 0.01.
• D) , , , and P-value is greater than 0.10.

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Definitions:

Equal Value

The principle that all people, regardless of their personal characteristics, should be treated with the same respect and dignity, acknowledging their worth as individuals.

Cultural Practices

The common habits, rituals, and traditions that characterize a particular society or community.

Globalization

The process by which businesses, cultures, and economies become integrated and interconnected on a global scale.

Political Isolation

The state of being separated from or not involved in global or national political processes and discussions.