Need help for below 3 questions.
¢ Refer back to the ANOVA example on an earlier slide. What do you think? Does the difference between offer1 and offer2 make a practical difference? Should we go ahead and implement one of them?
¢ If yes, and the costs were US $25 for each offer1 and US $10 for offer2, would you still make the same decision?
¢ In our manufacturing plant example, assuming you would check the plant for problems in the manufacturing process, how might you justify this decision financially?
Attaching slide deck for you refernce, deck 14