Title: One Way ANOVA calculation for 4 Biscuit Products.
Author: Sahil Rasal
MMS, Batch A
Roll No. 48
Introduction:
In this analysis 4 products have been taken, namely:
Britannia Good Day Biscuit, launched in 1986, is one of the company’s flagship products. The recipe used in its preparation is purportedly wholesome with nuts and butter, but the high sugar and refined starch content in it (64 grams in 100 grams) makes it unhealthy, and a cause of obesity if consumed frequently.
ITC forayed into the biscuit market in 2003 and Sunfeast Dark Fantasy was launched in 2005.Dark Fantasy’s success can be attributed to the careful detail with which the brand was built by ITC. ITC took a risk in positioning Dark Fantasy as a premium biscuit brand. The premium space was vacant in the Indian market and marketers was unsure how consumers would react to a premium biscuit offering.
Oreo is a brand of sandwich cookie consisting of two cocoa biscuits or cookie pieces with a sweet fondant filling. It was introduced by Nabisco on March 6, 1912, and through a series of corporate acquisitions, mergers and splits both Nabisco and the Oreo brand have been owned by Mondelez International since 2012.Oreo cookies are available in over one hundred countries. Many varieties of Oreo cookies have been produced, and limited-edition runs have become popular in the 21st century.
Hide-and-seek (sometimes known as hide-and-go-seek) is a popular children’s game in which at least two players (usually at least three) conceal themselves in a set environment, to be found by one or more seekers. The game is played by one chosen player (designated as being “it”) counting to a predetermined number with eyes closed while the other players hide. After reaching this number, the player who is “it” calls “Ready or not, here I come!” or “Coming, ready or not!” and then attempts to locate all concealed players.
Objective: To Compare 4 Products by the way of One Way ANOVA.
Data Collection: Students of our batch were requested to grade the following products on the scale of 1-10 and One Way ANOVA was calculated.
Data Analysis:
Hypothesis:
H0: All products are equal (A=B=C=D)
H1: Any one of products is different.
|
Source of Variance |
SS |
DF |
MSS |
F |
|
Between Groups |
11.5375 |
3 |
3.8458 |
|
|
Within Groups |
406.35 |
76 |
5.3467 |
|
|
Total |
417.8875 |
79 |
|
0.7192 |
Result: Table F=0.05, 3 DF, 76 DF = 2.72
As Calculated F = 0.7192 is less than tabulated F= 2.72, accept H0, reject H1, which means all the products are same.