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Question 1 (2.5 points) Listen Toys Retail Inc. is looking to add a section of children furniture to their 10 stores in hope that profit

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Question 1 (2.5 points) Listen Toys Retail Inc. is looking to add a section of children furniture to their 10 stores in hope that profit can be higher. The CEOs ask you: should we add a section of children furniture to each store? a) (2 marks) Please explain the three questions with regard to making decisions about the experiment. (0.4 marks for general answer, 1.6 marks for application. 22 minutes) b) (0.5 marks) Please explain the difference between lab and field experiments in general and in this case. (0.1 marks for general answer, 0.4 marks for application, 8 minutes) Paragraph B B 1 A +

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