For the last couple of columns, we have been analyzing a simple experiment where we look for the best choice for a new gear material. We have used analysis of variance (ANOVA) to detect a difference in the mean wear for the four different materials. In the last column, we performed a post-hoc test to determine which means were actually different from one another. However, to find the best solution, we need to know true costs, and to get that I need to know the variability associated with the different materials. At the end of the article, I’ll give you a chance to show off —the first one to e-mail me the correct cost analysis will get bragging rights and their name (or reasonably tasteful nom de plume if you prefer) in print.
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