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In an Effort to Determine the Most Effective Way to Teach

question 96

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In an effort to determine the most effective way to teach safety principles to a group of employees, four different methods were tried. Some employees were given programmed instruction booklets and worked through the course at their own pace. Other employees attended lectures. A third group watched a television presentation, and a fourth group was divided into small discussion groups. A high of 10 was possible. Samples of five tests were selected from each group. The test grade results were: In an effort to determine the most effective way to teach safety principles to a group of employees, four different methods were tried. Some employees were given programmed instruction booklets and worked through the course at their own pace. Other employees attended lectures. A third group watched a television presentation, and a fourth group was divided into small discussion groups. A high of 10 was possible. Samples of five tests were selected from each group. The test grade results were:   Using Excel to assist in determining if all methods generate the same results, what test would be used? A)  ANOVA: Single Factor. B)  ANOVA: Two-Factor with Replication. C)  ANOVA: Two-Factor without Replication. D)  F-Test Two Sample for Variances. E)  t-Test: Paired Two Sample for Means. Using Excel to assist in determining if all methods generate the same results, what test would be used?

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Definitions:

Future Cash Flows

Estimated amounts of money expected to be received or paid out over future periods.

Cash Payback Method

A financial analysis method used to determine the time needed for an investment to generate cash flows sufficient to recover the initial investment cost.

Present Value

The current value of a future amount of money or stream of cash flows given a specified rate of return.

Capital Rationing

A strategy or decision-making process that involves allocating and limiting investment funds to various projects to maximize a company's value.

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