The Marketing Department of a Company Has Designed Three Different $\alpha$

question 18

Essay

The marketing department of a company has designed three different boxes for its product.It wants to determine which box will produce the largest amount of sales.Each box will be test marketed in five different stores for a period of a month.Below you are given the information on sales.

a.State the null and alternative hypotheses.
b.Construct an ANOVA table.
c.What conclusion do you draw?
d.Use Fisher's LSD procedure and determine which mean (if any)is different from the others.Let $\alpha$ = 0.01.

---

Definitions:

Equitable

Fair or impartial treatment, especially in the context of the distribution of wealth or opportunities.

Voluntary Exchange

A transaction where two parties trade goods or services by mutual agreement and benefit.

Better Off

A term used to describe a situation in which an individual, household, or group has improved economically, often as a result of higher income, greater wealth, or access to more goods and services.

People

Human beings collectively, considered as the members of a community, society, or workforce.