Question

supermarkets are interested in stratagies to increase temporarily the jnit sales of a product. in one study, realsearchers compared the effect of display type and price on unit sales for a paticular product. the following display types and prices schemes were employed.

display types: normal display space interior to an aisle,normal display space at the end pf an aisle, and enlarged display space

pricing schemes: regular price, reduced price and cost

in the the description of the designed experment identify the

1) experimental units

2) response variable

3)factor(s)

4) levels of each factor

5) treatments

thank tou so much. if you can explain in a very easy words that wokld be amazing!!! thank tou so much again!!!

Answer 1

Solution

(a)

Experimental Units:

Experimental units are the batches of the product being sold and some might also say that the stores are the experimental units.

(b)

Response Variables:

The number of units of the product that are sold is the response variable.

Factors:

The display type and pricing schemes are the factors.

(d)

Levels of each factor: Display type has three levels:

Normal display space interior to an aisle, normal display space at the end of an aisle, and enlarged display space. Pricing scheme has three levels: regular price, reduced price and cost.

(e)

Treatments:

Each treatment is a combination of a level of display type and a level of pricing scheme.