An Electronics Company Wants to Compare the Quality of Their

question 52

Multiple Choice

An electronics company wants to compare the quality of their cell phones to the cell phones from three competitors. They sample 10 phones from each company and count the number of defects for each phone. If ANOVA was used to compare the average number of defects, then the treatments would be defined as:

• A)The number of cell phones sampled.
• B)The average number of defects.
• C)The total number of phones.
• D)The four companies.

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Definitions:

Stock Market

A public marketplace for buying and selling stocks, which represent ownership claims on businesses.

Total Revenue

The total amount of money generated by a company from its business activities, before any expenses are subtracted.

Fixed Costs

Expenses that do not change with the level of production or sales in the short term, such as rent, salaries, and insurance.

Variable Costs

Costs that vary directly with the level of production or sales, such as materials and labor.