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TABLE 11-8
An important factor in selecting database software is the time required for a user to learn how to use the system. To evaluate three potential brands (A, B and C) of database software, a company designed a test involving five different employees. To reduce variability due to differences among employees, each of the five employees is trained on each of the three different brands. The amount of time (in hours) needed to learn each of the three different brands is given below:
Below is the Excel output for the randomized block design:
-Referring to Table 11-8, the relative efficiency means that 15.23 times as many observations in each brand would be needed in a one-way ANOVA design as compared to the randomized block design in order to obtain the same precision for comparison of the different means.
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To convert assets into cash or cash equivalents by selling them on the open market, often used in business contexts to settle debts.
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A set of governing rules adopted by a corporation or other association.
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The process through which a corporation formally adopts policies, procedures, or changes in structure.
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