In a comparison of the prices of items at five supermarkets, six items were randomly selected and

Question:

In a comparison of the prices of items at five supermarkets, six items were randomly selected and the price of each was recorded for each of the five supermarkets. The objective of the study was to see whether the data indicated differences in the levels of prices among the five supermarkets. The prices are listed in the table.

Kash n' Food Publix Dixie Albertsons 4 Less Winn- Item Karry Celery Colgate toothpaste Campbell's beef soup Crushed pine


a. Does the distribution of the prices differ from one supermarket to another? Test using the Friedman Fr-test with α = .05.

b. Find the approximate p-value for the test and interpret it.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Introduction To Probability And Statistics

ISBN: 9780495389538

13th Edition

Authors: William Mendenhall, Robert J. Beaver, Barbara M. Beaver

Question Posted: