1. A marketing manager for a popular supermarket chain is investigating how the position of a new product within the store can help boost sales. Each of the 26 supermarket in the study displays the product in one of 4 possible locations and records how of the new product they have sold. Sample statistics of the sales volume data within each display location are provided in the table below: many units Display Location Size Mean Variance A: Next to the till 7 186 89 B: At the end of an aisle 4 171 70 C: Near the shop entrance D: Amongst similar products Overall 6. 180 86 9. 188 87 26 Complete the following one-way ANOVA table using the provided summary statistics, show your workings. Provide a short concluding statement (at the 5% significance level) about the relationship between display location and sales volume for the new product. d.f. SS MS F р Between Error 85 2. Consider the example given in the previous question. Compute the least significant differences at the 5% level and identify where there is evidence of a difference in expected sales volume between the four display locations.
1. A marketing manager for a popular supermarket chain is investigating how the position of a new product within the store can help boost sales. Each of the 26 supermarket in the study displays the product in one of 4 possible locations and records how of the new product they have sold. Sample statistics of the sales volume data within each display location are provided in the table below: many units Display Location Size Mean Variance A: Next to the till 7 186 89 B: At the end of an aisle 4 171 70 C: Near the shop entrance D: Amongst similar products Overall 6. 180 86 9. 188 87 26 Complete the following one-way ANOVA table using the provided summary statistics, show your workings. Provide a short concluding statement (at the 5% significance level) about the relationship between display location and sales volume for the new product. d.f. SS MS F р Between Error 85 2. Consider the example given in the previous question. Compute the least significant differences at the 5% level and identify where there is evidence of a difference in expected sales volume between the four display locations.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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