Abstract
Technology has become an essential part of life today. People are, literally, surrounded by technology every minute of every day. Advances in technology has sped up life, made certain aspects of life easier, and has made the world a smaller place. However, the affordability of electronic devices has changed due to the economic troubles that have been seen in recent years. This project uses statistical analysis, specifically analysis of variance, to compare the mean price of a variety of electronic devices at four different stores: Wal-Mart, Target, Best Buy, and RadioShack. This is of interest because with technology advancing at such great speed and with the economy being how it is, people are looking for ways to save money but still be up-to-date on the latest electronic devices in the market. The result of this project will provide information as to which stores provide electronic devices at lower, more affordable, prices.
Faculty Sponsors
Dr. Bashar Zogheib
Project Type
Event
Location
Alvin Sherman Library
Start Date
2010 12:00 PM
End Date
2010 5:00 PM
Where to Shop For Electronics
Alvin Sherman Library
Technology has become an essential part of life today. People are, literally, surrounded by technology every minute of every day. Advances in technology has sped up life, made certain aspects of life easier, and has made the world a smaller place. However, the affordability of electronic devices has changed due to the economic troubles that have been seen in recent years. This project uses statistical analysis, specifically analysis of variance, to compare the mean price of a variety of electronic devices at four different stores: Wal-Mart, Target, Best Buy, and RadioShack. This is of interest because with technology advancing at such great speed and with the economy being how it is, people are looking for ways to save money but still be up-to-date on the latest electronic devices in the market. The result of this project will provide information as to which stores provide electronic devices at lower, more affordable, prices.
