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In an effort to receive faster payment of invoices, a company introduces two discount plans a) One set of customers is given a 2% discount
In an effort to receive faster payment of invoices, a company introduces two discount plans
a) One set of customers is given a 2% discount if they pay their invoice early
b) Another set is offered a 1% discount
c) A third set is not offered any incentive
2% Discount: 10,5,9,7,6
1% Discount: 10,11,12,11,14
No Discount: 29,22,23,15,18
Using ANOVA, what is the following:
SSG:
dfgroups :
SSE:
dferror:
Fcritical:
Fvalue:
can we say that the offers result in faster payments?
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