From the above Anova, we find that the F < F crit, therefore we can conclude that at 95% confidence determine, there is not a significant difference in the mean weekly units of production for the three types of work schedules.
Pronlem-2
In the question, first we can get the specific data for the three diets, and make a table for them:
Then we can use the excel to get the analysis of variance:
Anova:single factor | | | | | | | | | | | | SUMMARY | | | | | | | Groups | Count | Sum | Average | Variance | | | Diet A | 6 | 102 | 17 | 10.8 | | | Diet B | 6 | 84 | 14 | 19.2 | | | Diet C | 6 | 120 | 20 | 50.8 | | | | | | | | | | | | | | | | | Anova | | | | | | | Source of Variance | SS | df | MS | F | P-value | F crit | Between Group | 108 | 2 | 54 | 2.00495 | 0.169175 | 3.68232 | Within Groups | 404 | 15 | 26.93333 | | | | | | | | | | | Total | 512 | 17 | | | | |
From the above table, we find that the value of F is smaller than the value of F crit, so we can conclude that there is no difference in the effectiveness of the three diets, and I would not advise the dietician about the effectiveness of the three diets.
Problem-3
After analyzing the data got from the question, we can make a table for all the data: Store 1 | Store 2 | Store 3 | 46 | 34 | 33 | 47 | 36 | 31 | 45 | 35 | 35 | 42 | 39 | | 45 | | |
Then we can use the Excel to analyze the variance, and get the analysis of the variance for all the data above:
Anova:single factor | | | | | | | | | | | | SUMMARY | | | | | | | Groups | Count | Sum | Average | Variance | | | Store 1 | 5 | 225 | 45 | 3.5 | | | Store 2 | 4 | 144 | 36 | 4.666667 | | | Store 3 | 3 | 99 | 33 | 4 | | | | | | | | | | | | | | | | | Anova | | | | | | | Source of Variance | SS | df | MS | F | P-value | F crit | Between Group | 324 | 2 | 162 | 40.5 | 3.16E-05 | 4.256495 | Within Groups | 36 | 9 | 4 | | | | | | | | | | | Total | 360 | 11 | | | | |
So we get the value of F is much higher than the value of F crit, and we can get the conclusion that there is a significant difference in the average sale of the three stores.
The mean sales of the Store 1 is the highest, therefore we can conclude that the place where the store locates has the highest sales.
Problem-4
Red | Yellow | Blue | 43 | 52 | 61 | 52 | 37 | 29 | 59 | 38 | 38 | 76 | 64 | 53 | 61 | 74 | 79 | 81 | | |
Analyze this data with Excel and we can get the analysis of variance for them:
Stat 2225 Both Sections Term Test #2 (March 19, 2009) (Answer Key) 1. Analysis of Variance for Age Source Sum of Squares Df Mean Square F-Ratio P-Value MAIN EFFECTS A:Type 1106.43 2 553.215 4.6956 0.0127 B:Martial 204.253 2 102.1265 0.8668 0.4255 INTERACTION AB 1057.12 4 2264.28 2.2432 0.0749 RESIDUAL 7068.897 60 117.8150 TOTAL 9436.7 68 (a) Factorial design. Type of loan and marital status…
Variance Analysis HCA-530 Sue P. Gombio Grand Canyon University Variance Analysis is utilized to support the management during the initial stages. It is the procedure of investigating each variance between the actual and budgeted costs to determine the reasons as to why the planned amount was not met, in more detailed explanation (Ventureline, 2012). There are several influences that contribute to the variance report and one is the department’s assumptions, second is the possible risk…
then offers several kinds of instant noodle for participates to choose. This study collected data about the number of kinds that individuals choose. 50 college students participated into this experiment and this study would implement SPSS and analysis of variance to analyze data. Following is detailed information. Time pressure The first part of this experiment is controlling time pressure. This study divided participants into control group and experimental group. These two groups read different articles…
Chapters 14 SALES AND PRODUCTION VARIANCES I. Introduction Two main issues discussed (1) The Analysis of Sales Volume, Mix & Quantity Variances (2) The Analysis of Production Efficiency, Mix & Yield Variances II. Sales, Volume Qty & Mix Variances Most companies produce more than one product. Therefore, overall plans for revenue usually specify some combination of products to be sold (called sales mix). Managers often want help in understanding deviations from original plans. We have…
5/24/2015 Finkler 1. The relationship between management by exception and variance analysis: Variance analysis can be used to evaluate a manager’s performance. Variance analysis can assist managers take corrective measures when their costs are too high. It can also help them change their strategy when they are coming in short in sales. 2. The two possible sources of information to compute the budgeted amount in variance analysis: Data from other companies that use the same process and data form previous…
1. The variance analysis schedule that Frank Roberts proposed was not necessarily the best representation of the variances for Boston Creamery. Roberts’ report stated a favorable variance of $71,700 coming mainly from sales volume. He used the revised budgeted operating income and the original budgeted income to come up with the sales volume number. The budget was not detailed as to what accounted for the differences though. That would be the first change to the variance analysis report, provide…
BREAK EVEN POINT ANALYSIS Production Units 200 Revenue Variable cost Fixed cost $41,240 $40,411 729 Price per unit: (Revenue/Unit) Variable cost per unit (Variable cost/unit) Contribution Margin (Price per unit-‐variable cost per unit) $206.20 Break Even Point= (Fixed cost/Contribution margin) or 729/4.145 $202.06 $4.15 175.875 units TOTAL COST VARIANCE ANALYSIS Total costs Budget Production…
and solutions. However, in 2000, founder and CEO of Software Associates, Richard Norton, had an urgent and tough question to answer; with higher than forecasted revenues, why is their bottom line less than half of what they had budgeted? Variance Analysis Report In order to perform a…
linear relationship: sample covariance and Pearson Coefficient of correlation (scale free) :Data Analysis > Correlation 2. Perform parametric and non-parametric tests for the coefficient of correlation Parametric Test: T-test, Data Analysis Plus > Correlation (Pearson) Non-Parametric Test: Z-test, Data Analysis Plus > Correlation (Spearman) 3. Understand the concept of simple linear regression analysis A statistical process to construst a relationship between variables Regression coefficients and…
2006-12-21 Part A Introduction This report refers to show the variances between the Flexed Budget and Actual results. After cooperation, we will understand the overview of the organization’s current situation. In order to find the problems and solve them, I analyzed them below. Here are the detailed information about the materials variance, labour variance and overhead variance. In addition, I will give out the advice of my opinion at the end of this report. |Tricol…