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

Competitive strategy and competitive advantage, Competitive Strategy (Forma...

Competitive Strategy (Formation of): A framework builds by Michael Porter that gives a spatial present of the 5 major factors governing the development of a competitive planni

International organizations, International Organizations: Internation...

International Organizations: International  organizations  such as the international monetary fund the world bank the united nations organizations the Asian bank the African

Business process, Explain the steps to set data in logical order so that th...

Explain the steps to set data in logical order so that the business process may be defined. List the ingredients of a business process.

What is job enrichment, Q. What is Job enrichment? Making the jobs more...

Q. What is Job enrichment? Making the jobs more interesting as well as challenging one is known as job enrichment. It is used to satisfy and motivate the workforces in the work

Analysis of Case Study, Students will be given three different case studies...

Students will be given three different case studies during the tutorial of Week 2. Select two cases for analysis. Please note that - repeating material from the case study has no v

Controlling, measurement of performance reflection

measurement of performance reflection

Hygiene factors, Hygiene Factors Hertzberg suggested that there are som...

Hygiene Factors Hertzberg suggested that there are some factors that motivate people leading to performance and job satisfaction and that there are another, separate factors, w

What you mean by organizational change, Q. What you mean by organizational ...

Q. What you mean by organizational Change? Making modifications in the functions along with practices of an organization is known as organizational change. Change results emplo

Decisions making-benefit of hindsight , 1. Present a list of your 5 most im...

1. Present a list of your 5 most important decisions and why you view them as such. Give examples from the simulation periods 2. Are there any decisions that you made, that in

The risk averter decision criterion is, Under uncertainty, the risk averte...

Under uncertainty, the risk averter  decision criterion is a. LaPlace. b. Maxi-max. c. Expected value. d. Maxi-min.

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