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Conduct Analysis of Variance on the Randomized Complete Block Design α=0.05.\alpha = 0.05 .

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Conduct Analysis of Variance on the Randomized Complete Block Design
-A training program is supposed to develop self confidence in managers. The two-week program is administered to six males and six females. All participants are tested after the end of the first week and after the end of the second week. The scores of those tests are given below. The facilitator is interested in determining if there is an increase in confidence the longer the managers train. Answer Yes or No. Test at α=0.05.\alpha = 0.05 .
 Week One  Week Two  Men 65,81,81,75,88,7590,94,80,91,81,98 Women 71,76,82,88,87,7581,97,86,91,99,83\begin{array}{|l|c|c|}\hline & \text { Week One } & \text { Week Two } \\\hline \text { Men } & 65,81,81,75,88,75 & 90,94,80,91,81,98 \\\hline \text { Women } & 71,76,82,88,87,75 & 81,97,86,91,99,83 \\\hline\end{array}


Definitions:

Inventory Control System

A system used by businesses to manage their inventory levels, ensuring they have the right products in the right quantity for sale, at the right time.

Inventory Period

The average time it takes for a company to convert its inventory into sales.

Cash Flows

The net amount of cash and cash-equivalents being transferred into and out of a business.

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