The sales strategy data given below yields the following statistics for the sum of squares for treatments and the sum of squares for error.Sales by Strategy (Millions of Dollars)Strategy 1Strategy 2Strategy 3Strategy 41138510121373414231022223687103843935967512511158111525391662SST≈52.8958SSE≈725.0833 Step 4 of 4 : Find the mean square for error, MSE. Round your answer to four decimal places.

Strategy 1Strategy 2Strategy 3Strategy…

Answered: The sales strategy data given below…

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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The sales strategy data given below yields the following statistics for the sum of squares for treatments and the sum of squares for error.

Sales by Strategy (Millions of Dollars)

Strategy 1	Strategy 2	Strategy 3	Strategy 4
11	3	8	5
10	12	13	7
3	4	14	2
3	10	2	2
2	2	3	6
8	7	10	3
8	4	3	9
3	5	9	6
7	5	12	5
11	15	8	11
15	2	5	3
9	16	6	2

SST≈52.8958SSE≈725.0833

Step 4 of 4 :

Find the mean square for error, MSE. Round your answer to four decimal places.

Expert Solution

Step 1: Mentioning the given data

Strategy 1	Strategy 2	Strategy 3	Strategy 4
11	3	8	5
10	12	13	7
3	4	14	2
3	10	2	2
2	2	3	6
8	7	10	3
8	4	3	9
3	5	9	6
7	5	12	5
11	15	8	11
15	2	5	3
9	16	6	2

$SST almost equal to 52.8958 SSE almost equal to 725.0833$

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Strategy 1	Strategy 2	Strategy 3	Strategy 4
11	3	8	5
10	12	13	7
3	4	14	2
3	10	2	2
2	2	3	6
8	7	10	3
8	4	3	9
3	5	9	6
7	5	12	5
11	15	8	11
15	2	5	3
9	16	6	2

Strategy 1	Strategy 2	Strategy 3	Strategy 4
11	3	8	5
10	12	13	7
3	4	14	2
3	10	2	2
2	2	3	6
8	7	10	3
8	4	3	9
3	5	9	6
7	5	12	5
11	15	8	11
15	2	5	3
9	16	6	2

Strategy 1	Strategy 2	Strategy 3	Strategy 4
11	3	8	5
10	12	13	7
3	4	14	2
3	10	2	2
2	2	3	6
8	7	10	3
8	4	3	9
3	5	9	6
7	5	12	5
11	15	8	11
15	2	5	3
9	16	6	2

Strategy 1	Strategy 2	Strategy 3	Strategy 4
11	3	8	5
10	12	13	7
3	4	14	2
3	10	2	2
2	2	3	6
8	7	10	3
8	4	3	9
3	5	9	6
7	5	12	5
11	15	8	11
15	2	5	3
9	16	6	2

Strategy 1	Strategy 2	Strategy 3	Strategy 4
11	3	8	5
10	12	13	7
3	4	14	2
3	10	2	2
2	2	3	6
8	7	10	3
8	4	3	9
3	5	9	6
7	5	12	5
11	15	8	11
15	2	5	3
9	16	6	2

Strategy 1	Strategy 2	Strategy 3	Strategy 4
11	3	8	5
10	12	13	7
3	4	14	2
3	10	2	2
2	2	3	6
8	7	10	3
8	4	3	9
3	5	9	6
7	5	12	5
11	15	8	11
15	2	5	3
9	16	6	2