Question
Supermarkets are interested in strategies to increase temporarily the unit sales of a product. In one study, researchers compared the effect of display type and
Supermarkets are interested in strategies to increase temporarily the unit sales of a product. In one study, researchers compared the effect of display type and price on unit sales for a particular product. The following display types and pricing schemes were employed.
Display types: normal display space interior to an aisle, normal display space at end of an aisle, and enlarged display space.
Pricing schemes: regular price, reduced price, and cost.
Identify the (a) experimental units, (b) response variable, (c) factors, (d) levels of each factor, and (e) treatments
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