A Personal Computer Assembly Company Is Interested in Studying the Time

question 124

Essay

A personal computer assembly company is interested in studying the time it takes to assemble a computer under different conditions. Specifically, two factors are to be controlled: Factor A (Sample) is the number of individual work stations in the line and Factor B (Columns) is whether the assembly was done on day shift, swing shift, or graveyard shift. The following data were obtained in the study where the response variable is the time required to assemble the PC from start to final test. Carry out the appropriate statistical tests using an alpha equal .05 level.

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Definitions:

Autonomous Consumption

The level of consumption spending that occurs when income is zero, representing the expenditures that consumers must make even when they have no income.

Disposable Income

Households' budget for spending and savings after the necessary income taxes have been deducted.

Induced Consumption

Consumer spending that increases as disposable income rises, and decreases as income falls.

Disposable Income

Net resources for spending and saving available to households after subtracting income taxes.