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.
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.
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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Question
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)
SST≈52.8958SSE≈725.0833
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 |
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