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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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