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Lerok [7]
3 years ago
13

The two most likely benefits realized from utilizing enterprise systems are improvements in ________. availability of informatio

n and increased interaction throughout the organization reduced inventory and reduced operating expenses improved compliance with standards and improved supplier integration improved customer interaction and improved supplier integration reduced lead times for manufacturing and improved customer interaction
Business
1 answer:
Mazyrski [523]3 years ago
6 0

Answer: availability of information and increased interaction throughout the organization

Explanation: An enterprise systems is described as an integrated suite of business applications for virtually every  department, process, and industry, that allows companies and organizations to integrate information across  operations on a company-wide basis by the use of one large database and as a result, there is an upward increase in the availability of information which leads to increased interaction across departments, processes, and industries throughout the organization.

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miskamm [114]

Answer:

Since the calculated value of F= 5.733 falls in the critical region we reject the null hypothesis  and conclude all three means are not equal.

Explanation:

The given data is

Banking          Retail            Insurance

12                      8                        10

10                     8                          8

10                     6                          6

12                     8                           8

<u>10                    10                          10</u>

The results of excel are:            

<u><em>Anova: Single Factor  </em></u>    

     

SUMMARY      

Groups    Count Sum Average         Variance  

Column 1 5 54            10.8              1.2  

Column 2 5 40               8               2  

Column 3 5 42              8.4                 2.8  

         

1) Let the null and alternate hypotheses be

H0: u1=u2=u3  i.e all the three means are equal and

Ha: Not all three means are equal

2) The significance level is set at ∝ =0.05

3)The test statistic to use is

F= sb²/ sw²

which has F distribution with v1= k-1 →3-1=2 and v2= n-k →15-3=12 degrees of freedom

After calculations the following table is obtained.

<u><em>ANOVA  </em></u>    

Source              SS            df         MS            F        P-value        F crit

of Variation

B/w Groups        22.93         2     11.467      5.733    0.01788        3.885

<u>Within Groups       24           12           2                                                       </u>      

<u>Total                     46.93      14                                                                </u>

4) The critical region is F ≥ F(0.05, 2,12) = 3.885

5) Since the calculated value of F= 5.733 falls in the critical region we reject the null hypothesis  and conclude all three means are not equal.

4 0
3 years ago
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