Instruction 11-10
the Marketing Manager of a Company Producing a New

question 20

Short Answer

Instruction 11-10
The marketing manager of a company producing a new cereal aimed for children wants to examine the effect of the colour and shape of the box's logo on the approval rating of the cereal.He combined four colours and three shapes to produce a total of 12 designs.Each logo was presented to two different groups (a total of 24 groups)and the approval rating for each was recorded and is shown below.The manager analysed these data using the α = 0.05 level of significance for all inferences.
$$\begin{array}{l}\text { COLOURS }\\\begin{array} { | r | | c | c | c | c | } \hline \text { SHAPES } & \text { Red } & \text { Green } & \text { Blue } & \text { Yellow } \\\hline \hline \text { Circle } & 54 & 67 & 36 & 45 \\\hline & 44 & 61 & 44 & 41 \\\hline \text { Square } & 34 & 56 & 36 & 21 \\\hline & 36 & 58 & 30 & 25 \\\hline \text { Diamond } & 46 & 60 & 34 & 31 \\\hline & 48 & 60 & 38 & 33 \\\hline\end{array}\end{array}$$ $$\begin{array}{l}\text { Analysis of Variance }\\\begin{array} { l r r r r c } \hline \text { Source } & d f & { \text { SS } } & { \text { MS } } & { F } & p \\\hline \text { Colours } & 3 & 2711.17 & 903.72 & 72.30 & 0.000 \\\text { Shapes } & 2 & 579.00 & 289.50 & 23.16 & 0.000 \\\text { Interaction } & 6 & 150.33 & 25.06 & 2.00 & 0.144 \\\text { Error } & 12 & 150.00 & 12.50 & & \\\text { Total } & 23 & 3590.50 & & & \\\hline\end{array}\end{array}$$
-Referring to Instruction 11-10,the critical value in the test for a significant interaction is ________.

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Definitions:

Assets

Assets are resources owned by a company that have economic value and can be used to meet debts, commit to investments, or generate income.

Liabilities

Future sacrifices of economic benefits that the entity is presently obliged to make to other entities as a result of past transactions or events.

Income Statement

A financial document that reports a company's financial performance over a specific period, detailing revenues, expenses, and net income or loss.

Common Stock

Common stock represents units of ownership in a corporation, granting holders voting rights and a share in the company's profits, often through dividends.