Question
The packaging division of a company having considered several alternative package designs for the company's new product has finally brought down their choices to
The packaging division of a company having considered several alternative package designs for the company's new product has finally brought down their choices to two designs of which only one has to be selected. For the final selection it has selected a group of 14 persons and has obtained their ratings on a number of parameters on a 10-point scale. The following table summarizes the overall ratings averaged across parameters for the two designs by the group. Which design seems to be superior? A B C DE F H I 6.3 6.0 5.6 6.2 5.4 6.2 5.4 6.5 5.8 4.1 4.5 5.6 5.5 3.3 5.2 5.3 5.3 4.8 4.2 5.0 6.0 3.7 6.3 G 5.5 JK L M 5.4 5.2 N64 N
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calculating the average ratings across all parameters for the two designs it appears that Design ...Get Instant Access to Expert-Tailored Solutions
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
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