OM (with OM Online, 1 term (6 months) Printed Access Card)
OM (with OM Online, 1 term (6 months) Printed Access Card)
6th Edition
ISBN: 9781305664791
Author: David Alan Collier, James R. Evans
Publisher: Cengage Learning
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Chapter 9, Problem 4CQD
Summary Introduction

Interpretation:

Forecast short-term demand

Concept Introduction:

Anova is used to find major difference between independent variables. ANOVA can help especially when the number of independent groups is more than two unlike t test. Unlike multiple sample t-tests, it has less risk of producing too many Type-I errors.

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