A firm is considering three different product designs. Data concerning the design for disassembly for each of the designs are provided in the table below. Which design appears to be the best environmental design based on revenue retrieval opportunity?
Definitions:
Matched Pairs Differences
A statistical technique used to compare two measurements taken under similar conditions from the same or matched subjects.
Sign Test Statistic
The calculated value used in the Sign Test to determine the statistical significance of the observed data.
Distribution
Distribution in statistics refers to the way in which values of a variable or a set of data are spread or dispersed across a range.
Matched Pairs Differences
A statistical technique that examines differences between paired observations to test the significance of the mean difference.
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