A mobile phone store retailer conducts a study to determine whether the number of contracts sold per
Question:
A mobile phone store retailer conducts a study to determine whether the number of contracts sold per day by stores is affected by the number of competitors within a 1km radius and the location of the store. The company researchers selected three types of stores for consideration in the study: standalone suburban stores, shopping centre stores and downtown stores. These stores vary in the numbers of competing stores within a 1 kmradius, which have been reduced to four categories: 0, 1, 2 and 3 or more competitors. Suppose the following data represent the number of contracts sold per day in each of these types of stores with the given number of competitors. Use ? = 0.05 and a two-way ANOVA to analyse the data.
Step by Step Answer:
Business Analytics And Statistics
ISBN: 9780730363330
1st Edition
Authors: Ken Black, John Asafu Adjaye, Paul Burke, Nelson Perera, Carl Sherwood, Saleh A. Wasimi