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TABLE 11-3
As part of an evaluation program, a sporting goods retailer wanted to compare the downhill coasting speeds of 4 brands of bicycles. She took 3 of each brand and determined their maximum downhill speeds. The results are presented in miles per hour in the table below.
Trial Barth Tornado Reiser Shaw
1 43 37 41 43
2 46 38 45 45
3 43 39 42 46
-Referring to Table 11-3, the sporting goods retailer decided to compare the 4 treatment means by using the Tukey-Kramer procedure with an overall level of significance of 0.05. There are ________ pairwise comparisons that can be made.
Group Boycotts
A concerted action by businesses to exclude a party from commercial dealings, potentially violating antitrust laws.
Rule Of Reason
A doctrine used in antitrust law to determine if a business practice is acceptable, considering its purpose, effects, and whether it restrains trade.
Clayton Act
A U.S. antitrust law, passed in 1914, aimed at promoting competition and preventing monopolies by addressing specific practices not covered by the Sherman Act.
Treble Damages
A form of punitive damages awarded in a legal case that are three times the amount of actual compensatory damages.
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