Suppose you are interested in buying a new smart TV and want to find out about differences
Question:
Suppose you are interested in buying a new smart TV and want to find out about differences in prices, sizes, and manufacturers. The following data show the prices of a random sample of televisions for various screen sizes. These data can also be found in the Excel file Consumer Reports.xlsx.
a. Using a one-way ANOVA and ? = 0.05, test to see if a difference exists in the average prices of the brands.
b. Using a randomized block ANOVA and ? = 0.05, test to see if a difference exists in the average prices of the brands.
c. If warranted, determine which pairs of television brands are different using ? = 0.05.
d. Verify your results with Excel.
e. Explain the differences in the results from parts a and b.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: