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1 question, three parts. 5 (4) The following data represent the nationwide highest yield of different accounts (Jan- uary 24, 2006, bankrate.com). Money Market 6

1 question, three parts.

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5 (4) The following data represent the nationwide highest yield of different accounts (Jan- uary 24, 2006, bankrate.com). Money Market 6 Month CD 1-Yr CD 2.5-Yr CD 4.55 4.75 4.94 4.95 4.50 4.70 4.90 4.91 (a) For F = 71.58 and Farit = 6.59, is it appropriate to perform the Tukey-Kramer procedure? Justify your answer. (b) Find the critical range in Tukey-Kramer. (c) At the 0.05 level of significance, determine whether the "Money Market" and "6 Month CD" accounts differ in mean yield. Justify. (Important: This question is very specific)

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