Factorial design, Management Theories

Assignment Help:

Factorial Design:

The factorial  experiment design  allows  the researcher to test two  or more  variables  at the same  time. It  determines whether  the variables interact to produce  an observed response or whether the variables operate independently to  produce the response. The factorial experiment is used when  there are three or more experimental variables. It is  applied when  the design is completely randomized or is a randomized block or Latin square. The main  feature of this  design is that the impact of various variables can be examined. It  involves some complex computations. We can calculate the interaction of the variables on each other which  requires variance analysis and notching out the  main  effects of each of the  variables. Standard deviation and mean squares are calculated to fin doubt the impact of   variables. Thus  this design  determines not only  the main  effects of each of the variable but  also measures the interaction effects of the variables. For  example  the use of coffee may  be preferred  with a high  content of sugar  and high  flavour. To test these  contents  various doses  of sugar  may be  introduced and the number of consumers purchasing them may  be recorded  to find out their consequences.


Related Discussions:- Factorial design

Crisis Management, The problem is: ''Bake It'' has been using ingredients f...

The problem is: ''Bake It'' has been using ingredients from a supplier who has been using false origin labeling. The Task is: to identify the cause of the problem under the crisi

14 principles of management, What are the 14 Principles of Management?  ...

What are the 14 Principles of Management?  The 14 Management Principles by Henri Fayol (1841-1925) are: 1. Division of Work. Specialization permits the individual to make

Experimental design, Experimental Design: Experimental  design  refers...

Experimental Design: Experimental  design  refers to  the framework or structure of an experiments  and as  such there are several experimental  designs. We can classify exper

MIS, Explain the strategic MIS categories in detail.

Explain the strategic MIS categories in detail.

Case study of The Notorious Business Professor, Steve is one of eight profe...

Steve is one of eight professors in the business school at a large, public university. His job responsibilities include teaching two classes per semester, developing a management r

Compute the mean squared error , Central States Electric Company estimates ...

Central States Electric Company estimates its demand on time (in millions of kilowatt hours 0 to be: D = 77 + 0.43Q where Q refers to the sequential quarter number and Q = 1 fo

What do you term bounded rationality in decision making, Q. What do you ter...

Q. What do you term 'bounded rationality' in decision making? If people are having time as well as cognitive ability for making decision's it is said to be bounded rationality.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd