Nancy, Inc. has three stores located in three different areas. Random samples of the sales of the three stores (in $1000) are shown below. Please note the sample sizes are not equal.
Store 1
Store 2
Store 3
46
34
33
47
36
31
45
35
35
42
39
 45
  ?
a.Compute the overall mean .b.At a 5% level of significance, test to see if there is a significant difference in the average sales of the three stores.

What will be an ideal response?


a. 39b.


      
Source of VariationSSdfMSFp-valueF critical
Between Groups324216240.50.000034.26
Within Groups3694   
Total36011    
?F = 40.5; p-value is less than .01; reject H0 

Business

You might also like to view...

In terms of marketing communications, standardization is:

A) presenting the same message across national boundaries B) a form of adaptation C) new product development D) a new form of the promotions mix

Business

Along with physical elements, the training context should include emotional elements.

Answer the following statement true (T) or false (F)

Business

The basic financial statements include all of the following except:

A. Statement of Retained Earnings. B. Statement of Changes in Assets. C. Income Statement. D. Balance Sheet. E. Statement of Cash Flows.

Business

Based on the information in Table 3-1, calculate the amount of dividends paid by Jones Company

in 2010 (no assets were disposed of during the year, and there was no change in interest payable or taxes payable). A) $4,000 B) $2,000 C) $3,500 D) $2,500

Business