Given Below is the House prices of 4 different locations A, B, C, and D. Locatio
ID: 3062739 • Letter: G
Question
Given Below is the House prices of 4 different locations A, B, C, and D.
Location A
Location B
Location D
Location C
291500
326700
684000
178000
269000
334700
684000
210000
293200
304700
732000
210000
270700
312700
782000
210000
278700
331200
782000
210000
297200
308700
830000
210000
274700
389200
880000
210000
282700
366700
880000
233000
301200
374700
928000
233000
199000
344700
978000
233000
The Hypothesis Associated with the Effect of Location is
Ho: µ (A) = µ (B) = µ (C ) = µ (D)
H1: µ (A) > µ (B) > µ (C ) > µ (D)
Ho: µ (A) = µ (B) = µ (C ) = µ (D)
H1: At least one mean is different from the other
Ho: µ (A) = µ (B) = µ (C ) = µ (D)
H1: At least three means are different from each other
Ho: µ (A) = µ (B) = µ (C ) = µ (D)
H1: µ (A) < µ (B) < µ (C ) < µ (D)
Location A
Location B
Location D
Location C
291500
326700
684000
178000
269000
334700
684000
210000
293200
304700
732000
210000
270700
312700
782000
210000
278700
331200
782000
210000
297200
308700
830000
210000
274700
389200
880000
210000
282700
366700
880000
233000
301200
374700
928000
233000
199000
344700
978000
233000
Explanation / Answer
For the testing of several means the hypothesis is
Ho: µ (A) = µ (B) = µ (C ) = µ (D)
H1: At least one mean is different from the other
Here for the testing of mean house prices four different location we used ANOVA test.
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