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

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.

Library management, LIBRARY MANAGEMENT The management of a library mea...

LIBRARY MANAGEMENT The management of a library means, in simple  terms, efficient and effective management of material (information resources), machinery, men and money to mee

Mhr, explain guest''s model of hrm

explain guest''s model of hrm

Principles of management, explain the development of management thought, sc...

explain the development of management thought, scientific management

Report making, how to make the management report

how to make the management report

Human resources in healthcare, what are the functions of human resources in...

what are the functions of human resources in health care?

What is le plan, Q. What is Le plan? In France All the business units w...

Q. What is Le plan? In France All the business units will follow the centralized plan of the government. Such plans are prepare with the view of Maximization of national resour

Contribution margin and conversion ratio, Contribution Margin: A commo...

Contribution Margin: A common  of a firm's profitability and performance, this is a calculation of how much a firm's revenues exceed its variable costs of production, and ther

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