SCENARIO 11-8 An Important Factor in Selecting Database Software Is the Time

question 163

Short Answer

SCENARIO 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 Scenario 11-8,what are the degrees of freedom of the randomized block F test for the difference in the means at a level of significance of 0.05?

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Definitions:

Investing Activities

Financial transactions related to the acquisition or disposal of long-term assets and other investments that are not considered to be cash equivalents.

Dividends

Payments made by a corporation to its shareholders, often derived from the company's profits.

Financing Activities

These are transactions that involve changes in equity and long-term borrowings of the company, part of the cash flow statement.

Indirect Method

A method used in cash flow statement preparation that adjusts net income for changes in balance sheet accounts to calculate operating cash flow.