Anova Summary

The three important lessons learned while working through the simulation involving Samuels’s corn crops where monitor, measure, and improve. With monitoring, it is important to continuously keep an eye on all processes. Measuring involves the quality of the data and the parameters. Improve or improving involves brainstorming with monitoring and measuring the best possible solution(s) for improvement and making goals to continuously make improvements. With any business or research study, one of the main goals is to study quality and find ways to improve current processes and procedures. ANOVA and nonparametric tests can be used to study customer satisfaction as well as processes and procedures. Customer satisfaction is a very important quality management area of study. If the customers are not satisfied, either with the products or the service then the business could face some decline in business and profit.
I could personally use the ANOVA to study and compare my budget and expenses. When gathering data I would look into the previous year’s expenses, budget and net income. I would want to see if there are any ways to improve the budget and see what areas I may be able to cut spending to meet or improve the budget. If I am able to compare different expenses, I may be able to disperse available funds to other areas in need of improvement such as landscaping and advertising. Right now my landscaping budget was cut down to increase the advertising budget this summer. One of the variables that I have seen that has affected my business was local construction, so it was important to find funds to increase the advertising to reach the customers; giving them more incentives to fight the construction traffic and come do business with me.
Some of the assumptions when using and ANOVA or other nonparametric test are:
• The errors are independent of each other.
• The errors are random.
• The population(s) is distributed normally.
• Variances should be the same for each... [continues]

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