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SCENARIO 11-10-A
You are the quality control manager of a water bottles company. One of the biggest complaints in the
past years has been the breakage and, hence, the concern on the durability of the connector between
the lid and the bottle which many users use as a handle for the bottles. You have started looking for
alternative replacement for the existing connector design. Three different vendors have proposed
different designs and provided data they have collected on their designs that have been subjected to a
durability test. The data on the number of times the connectors designed by them have been used to
lift the bottles before they break from random samples of 30 bottles are shown below and also
contained in the file Scenario11-10-DataA.XLSX. Assume that and the number of times the connectors have been used to lift the bottles before they
break follows a normal distribution. You want to test to see if there is enough evidence of a difference
in mean number of times the connectors have been used to lift the bottles before they break across the
three vendors.
-Referring to Scenario 11-10-A, the value of MSA is ______ while MSW is _______ for the test
to determine whether there is enough evidence of a difference in mean number of times the
connectors have been used to lift the bottles before they break across the three vendors.
Fair Market Value
The price at which an asset would change hands between a willing buyer and seller, each having reasonable knowledge of relevant facts, and neither being under compulsion to buy or sell.
Material Facts
Facts that are significant or essential to the issue at hand, and that can influence a decision or outcome.
Void
Refers to an agreement or contract that is deemed legally invalid and unenforceable from the outset, as if it never existed.
Reformation
A court-ordered correction or modification of a written contract to reflect the true intentions of the parties when the contract was mistakenly drafted.
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