Tool Prices Comparison Narrative
A consumer was interested in determining whether there is a significant difference in the price charged for tools by three hardware stores. The consumer selected five tools and recorded the price for each tool in each store. The following data was recorded:
Tools 
-Refer to Tool Prices Comparison Narrative. What is the appropriate experimental design?
Definitions:
Strategy Formulation
The process of developing strategies to achieve organizational goals by analyzing the competitive environment and the organization's own strengths and weaknesses.
Mission
A statement that defines the purpose and primary objectives of an organization or an individual, guiding its strategy, operations, and work ethic.
Objectives
Specific, measurable goals that are intended to be achieved within a set timeframe.
Differentiation
The process of distinguishing a product or service from others, to make it more attractive to a particular target market.
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