Question: Step by Step)help needed. Question below 12-46. A two-way analysis of variance experiment is to be conducted to examine CEO salaries ($K) as a function
Step by Step)help needed. Question below
12-46. A two-way analysis of variance experiment is to be conducted to examine CEO salaries ($K) as a function of the number of years the CEO has been with the company and the size of the company sales. The years spend with the company are categorized into 0-3, 4-6, , 7-9, and >9 years. The size of the company is categorized using sales ($million) per year into three categories: 0-50, 51-100, and > 100.
a.Describe the factors associated with this experiment.
b.List the levels of each of the factors identified in part a.
c.List the treatment combinations of the experiment.
d.Indicate the components of the ANOVA table that will be used to explain the variation in the CEO salaries
e.Determine the degrees of freedom for each of the components in the ANOVA if the two replications are used.
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