SCENARIO 11-7 a Student Team in a Business Statistics Course

question 189

True/False

SCENARIO 11-7 A student team in a business statistics course designed an experiment to investigate whether the brand of bubblegum used affected the size of bubbles they could blow.To reduce the person-to- person variability, the students decided to use a randomized block design using themselves as blocks. Four brands of bubblegum were tested.A student chewed two pieces of a brand of gum and then blew a bubble, attempting to make it as big as possible.Another student measured the diameter of the bubble at its biggest point.The following table gives the diameters of the bubbles (in inches)for the 16 observations.
-Referring to Scenario 11-7, the decision made at a 0.05 level of significance on the randomized block F test for the difference in means implies that all 4 means are significantly different.

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Definitions:

Global Entry Strategies

Techniques and methods businesses use to enter foreign markets, including exporting, licensing, franchising, or through joint ventures.

Significant Capital

Refers to a substantial amount of money or resources used by a company to fund significant investments or projects.

Global Franchising

A business strategy that involves a company licensing its business model and brand to operators in other countries.

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A series of advertisement messages that share a single idea and theme intended to promote a product, service, or cause to a targeted audience.