Examlex

Solved

An Industrial Engineer Wants to Test the Effect of Three

question 19

Multiple Choice

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


Definitions:

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.

Related Questions