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your qualitative variable that you omitted in problem #2 before conducting this

ID: 2947360 • Letter: Y

Question

your qualitative variable that you omitted in problem #2 before conducting this test. You should also create the printout for conducting the Bonferroni follow-up analysis. Attach thee printouts here and answer the following questions One-Way AOV Eor price by modei MS Source DF SS Model 2 .7778+08 3.389E+087.7 EErOr 72 3.149+09 4.3738+0 Total 74 3.826 09 .0009 Grand Mean 3891 CV 19.5 Bonterrons ALL-Pairvise Comparisons Test of Price by Mode Mean Romogenous Groups 24542 7921 Model 7199 Aipha Critical 7 Value 2 452 Standard Eeror for Comparison 594.82 Critical Value for Comparison 12990.6 0.05 Theze are 2 groupe (A and B) in which the means are not significantly ditferent from one another a. State the appropriate hypotheses that you wish to test. (4 points) b. Use the p-value shown on your printout to state the appropriate conclusion in the words of the problem. You should choose the a to test at. (4 points) ted states

Explanation / Answer

a. The null and alternative hypothesis is

H0: All group means are equal

Ha : there are at least two group means that are statistically significantly different from each other.

b. The p-value (0.009) is less than 0.05. This shows that we reject the null hypothesis and concluded that there is a difference in means of al least one group.

c. Yes, differences can be detected. This is becuase the mean prices of one significantly differ from one another. This supports our conclusion that there is sufficient evidence to indicate that at least two mean prices differ from other.