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Business Statistics
book

Business Statistics

by Bajpai
April 2024
Intermediate to advanced
824 pages
36h 45m
English
Pearson India
Content preview from Business Statistics
422 Business Statistics
For rows the calculated value of F is 0.65. This value is less than the tabular
value (2.15) and falls in the acceptance region. Hence, null hypothesis is accepted
and the alternative hypothesis is rejected.
There is enough evidence to believe that there is a signicant difference in
terms of mean scores for ve different products. There is no signicant difference
in terms of scores obtained by 10 different customers. The result that we have ob-
tained may be due to chance. So, the management should concentrate on ensuring
customers loyalty for different products.
Example 12.8 A company purchased four machines and
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Publisher Resources

ISBN: 9781282652507