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An industrial engineer wants to test the effect of three different ways of assembling a part on the total assembly time.Five people are randomly assigned to each of the three assembly methods,and the total assembly time (in seconds) is recorded.Calculate MST,MSE and the F-ratio.Can you reject H0 using α = 0.05? The ANOVA table is listed below. Analysis of Variance
Source Sum-of-Squares df Mean-Square F-ratio P-value
Method 985535.907
Error 276844.275
Total 1262380.182
Indirect Method
A method of presenting the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital to arrive at cash flow from operating activities.
Net Income
The net earnings of a company once all costs and taxes are subtracted from the total income.
Indirect Method
An approach used in cash flow statement preparation that adjusts net income for changes in non-cash accounts to calculate cash from operating activities.
Net Cash Flow
The amount of cash generated or lost over a specific time period, accounting for cash inflows and outflows from operating, investing, and financing activities.
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