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The Following Data Contains Task Completion Times, in Minutes, Categorized

question 176

Essay

The following data contains task completion times, in minutes, categorized according to the
gender of the machine operator and the machine used.  Male  Female  Machine 1 15,1716,17 Machine 2 14,1315,13 Machine 3 16,1817,19\begin{array} { l c c } & \text { Male } & \text { Female } \\\text { Machine 1 } & 15,17 & 16,17 \\\text { Machine 2 } & 14,13 & 15,13 \\\text { Machine 3 } & 16,18 & 17,19\end{array} The ANOVA results lead us to conclude that the completion times are not affected by an
interaction between machine and gender, and the times are not affected by gender, but they
are affected by the machine. Change the table entries so that there is no effect from the
interaction between machine and gender, but there is an effect from the gender of the
operator.


Definitions:

Periodic Interest Rate

The interest rate applied to a loan or investment over a specific period of time, shorter than a year.

Annuity

A fiscal tool that guarantees fixed periodic payments to a beneficiary, usually as a component of retirement planning.

Payment Interval

The interval at which payments are issued, like monthly, every three months, or once a year.

Periodic Interest Rate

The interest rate charged or paid over a particular period of time, often less than a year, such as monthly or quarterly.

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