Instruction 11-8
an Agronomist Wants to Compare the Crop Yield

question 105

Essay

Instruction 11-8
An agronomist wants to compare the crop yield of three varieties of chickpea seeds.She plants all three varieties of the seeds on each of five different patches of fields.She then measures the crop yield in bushels per acre.Treating this as a randomised block design,the results are presented in the table that follows.
$$\begin{array} { | l | l | l | l | } \hline \text { Fields } & \text { Smith } & \text { Walsh } & \text { Trevor } \\\hline 1 & 11.1 & 19.0 & 14.6 \\\hline 2 & 13.5 & 18.0 & 15.7 \\\hline 3 & 15.3 & 19.8 & 16.8 \\\hline 4 & 14.6 & 19.6 & 16.7 \\\hline 5 & 9.8 & 16.6 & 15.2 \\\hline\end{array}$$
-Referring to Instruction 11-8,construct the ANOVA table from the sample data.

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Definitions:

Cost of Equity

The return a firm theoretically pays to its equity investors to compensate for the risk they undertake by investing in the company.

Cost of Debt Financing

The total expenses a company incurs in order to borrow money, including interest payments, transaction fees, and any other associated costs.

Business Risk

The exposure to factors that can lead to a reduction in the value of an investment or in the revenues of a business.

Systematic Risk

A risk that influences a large number of assets. Also called market risk.