Here Is an Excel ANOVA Table That Summarizes the Results

question 109

Multiple Choice

Here is an Excel ANOVA table that summarizes the results of an experiment to assess the effects of ambient noise level and plant location on worker productivity. The test used ? = 0.05. $$\begin{array} { | l | c | c | c | c | c | c | } \hline \text { Source of Variation } & \text { SS } & d f & \text { MS } & F & P \text {-value } & F \text { crit } \\\hline \text { Plant location } & 3.0075 & 3 & 1.0025 & 2.561 & 0.1199 & 3.862 \\\hline \text { Noise level } & 8.4075 & 3 & 2.8025 & 7.160 & 0.0093 & 3.863 \\\hline \text { Error } & 3.5225 & 9 & 0.3914 & & & \\\hline \text { Total } & 14.9375 & & & & & \\\hline\end{array}$$ Is the effect of plant location significant at ? = .05?

• A)Yes
• B)No
• C)Need more information to say

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Definitions:

Line Extension

The addition of new products to an existing product line of a brand, often in the same product category, to target a wider audience or offer more variety.

Disruptive Innovation

An innovation that significantly alters the way a market or industry functions, often displacing established competitors and reshaping the landscape.

Line Extension

A strategy that involves introducing additional items in the same product category under the same brand name, such as new flavors, forms, colors, added ingredients, or package sizes.

Category Extension

The strategy of using an established brand's name to enter a new product category or market segment, leveraging the brand's existing reputation and customer base.