Discussion week 8(business statistics) | Business & Finance homework help

Discussion week 8(business statistics) | Business & Finance homework help.

Per the textbook, trying to understand factors that impact the outcomes of business process is an important aspect of improving business operations. Conventional wisdom plans experiment one-factor-at-a-time (OFAAT). Compare and contrast the main advantages and disadvantages of OFAAT and DOE and select the approach (e.g., OFAAT or DOE) that you would use in order to obtain effective business process. Provide a rationale for your response.

Discussion week 8(business statistics) | Business & Finance homework help

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