Testing 1-2-3 : experimental design with applications in marketing and service operations / Johannes Ledolter and Arthur J Sewersey
Material type:
TextPublication details: Stanford : Stanford Business Books, 2007Description: xii, 300p, 26cmISBN: - 0804756120
- 658.83 LED
| Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
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Book
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Calcutta | 658.83 LED (Browse shelf(Opens below)) | Available | IIMC-123461 |
This book is about the power of statistical experiments. In the past, books on experimental design focused almost entirely on manufacturing problems. In contrast, although this book is relevant to manufacturing and includes useful examples in that area, its emphasis is on applications to marketing and service operations. The authors provide a fresh and practical treatment of the key topics in designing and analyzing experiments. Testing in the business world is commonplace, and the usual approach is to change one factor at a time while holding other factors constant. This approach may seem logical and appealing, but, as the authors explain, it is highly inefficient, and may lead to wrong conclusions. The better method, the authors propose, is to test all factors simultaneously.
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