11.41 Bidding on Construction Jobs A building contractor employs three construction engineers, A, B, and C, to...
Question:
11.41 Bidding on Construction Jobs A building contractor employs three construction engineers, A, B, and C, to estimate and bid on jobs. To determine whether one tends to be a more conservative (or liberal) estimator than the others, the contractor selects four projected construction jobs and has each estimator independently estimate the cost (in dollars per square foot) of each job. The data are shown in the table:
Analyze the experiment using the appropriate methods. Identify the blocks and treatments, and investigate any possible differences in treatment means. If any differ- ences exist, use an appropriate method to specifically identify where the differences lie. Has blocking been effective in this experiment? What are the practical implications of the experiment? Present your results in the form of a report.
Step by Step Answer:
Introduction To Probability And Statistics
ISBN: 9780176509804
3rd Edition
Authors: William Mendenhall