TABLE 11-4 An Agronomist Wants to Compare the Crop Yield of 3

question 12

Short Answer

TABLE 11-4
An agronomist wants to compare the crop yield of 3 varieties of chickpea seeds. She plants 15 fields, 5 with each variety. She then measures the crop yield in bushels per acre. Treating this as a completely randomized design, the results are presented in the table that follows.
Trial Smith Walsh Trevor
1 11.1 19.0 14.6
2 13.5 18.0 15.7
3 15.3 19.8 16.8
4 14.6 19.6 16.7
5 9.8 16.6 15.2
-Referring to Table 11-4, the agronomist decided to perform an ANOVA F test. The amount of total variation or SST is ________.

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Definitions:

Pure Play Method

A valuation method that compares a company to others within the same industry or sector with a single focus or product line.

Firm's Cost of Capital

The minimum return that a company must earn on its investments to maintain its market value and satisfy its creditors and investors.

Specific Division

A distinct business unit within a larger organization, often focused on a particular product line or market segment.

Risk Averse Manager

A manager who prioritizes minimizing risks in decision-making and strategy, favoring safer investments with potentially lower returns.