Latin squares design, Management Theories

Assignment Help:

Latin Squares Design:

This design suggests that test will form a square because there will be as many test units as treatments. This design is used to control important extraneous influence. It is assumed that each treatment occurs once with each store on a block. There are several stores in a block. There must be as many blocks as there are treatments. It may be three four and so on. Three blocks three treatment four blocks four treatments and so on. This is the reason why it is called a square design.

Thus the price treatment will reveal the impact of price at different times stores: consequently one can conclude the price effect on sales. There are some special feature of this design (i) each treatment is applied once in each store of a block(ii) each store is tested once in each time and (iii) the order of testing runs both ways i .e 1 to 2 and 2 to 1 during an equal number of times. Thus the extraneous factors impacts affecting them are minimized. The varying store characteristics and sequence in which the treatments appear are concealed.

The design measures the error resulting from two non interacting variable i, ,e the different in test stores and the difference in time on the results as the effect of the treatment on the results. The statistical interpretation is a complex one because a treatment is observed in case of several stores at several points of time. The variances of vertical effects the variances of horizontal effects and the variances of treatment have to be calculated. These can be analyzed by adopting several methods.

The sum of the vertical column may be used to determine the vertical dimension or the column effect similarly the sum of horizontal column may be assess the horizontal dimension or row effect. The treatments total effect can be determined by analyzing the impact of the treatment on the sale. A degree of freedom may be applied to correct the row column and treatment effects.


Related Discussions:- Latin squares design

Explain the planning function of management, Explain the planning function...

Explain the planning function of  management PLANNING:- anning is the primary and crucial function of management. It is deciding in advance what to do, how to do it, when to d

Simplex method, use the simplex method to solve the LP problems: Max Z= 107...

use the simplex method to solve the LP problems: Max Z= 107x1+x2+2x3 subject to 14x1+x2-6x3+3x4=7 16x1+x2-6x3 3x1-x2-x3 x1,x2,x3,x4>=0

Constitutional law, Ask quesYou wake up to the news that a person has been ...

Ask quesYou wake up to the news that a person has been shot and killed in Big Rapids by two members of the city’s police force. The only news you have about the incident was that a

ORGANISATIONAL BEHAVIOUR, Explain the link between organisational develpmen...

Explain the link between organisational develpment strategies and business strategies

Motivational tools to improve employee Motivation, Ms. Janice Alisha is a G...

Ms. Janice Alisha is a General Manager of Production in a company. She finds that there is a need to improve the motivation level of the employees. Suggest some of the motivation

Process, implementation of management in textile firm

implementation of management in textile firm

Case study, how to sammurize a management theory case study

how to sammurize a management theory case study

Define decision making, Q. Define: Decision Making Decision making enga...

Q. Define: Decision Making Decision making engages selection of best course of action among different alternatives courses of action.

Marketing mix, Select an organisation from the retail industry that is invo...

Select an organisation from the retail industry that is involved in marketing activities and analyse how the chosen organisation utilises each of the marketing mix elements in its

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