A financial researcher computed the asset to liability ratio for random samples of three types of businesses: healthy established businesses, newly established businesses, and failed businesses.

5. How many degrees of freedom are there within groups? Show your work/ Provide explanation

6. What is the value of the F-statistic? Show your work/ Provide explanation

7. What does the P-value .008 tell us?Show your work/ Provide explanation

a. There are no significant differences among the means

b. There are significant differences among the means

c. The probability that there are differences among the means is .008.

8. Is there a significant difference between the means of newly established business and failed businesses? Use the LSD criterion to determine this. Show your work/ Provide explanation

Question 5 4 pts Use the following for questions 5, 6, 7, and 8. A financial researcher computed the asset to liability ratio for random samples of three types of businesses: healthy established businesses, newly established businesses, and failed businesses. The data and an Excel analysis are shown below. Ratio of assets to liabilities Healthy established 0.9 2.1 2.2 1.3 2.6 2 New 1.3 0.4 1.1 0.5 1.2 0.3 Failed 0.9 0.8 0.2 1.5 0.7 1.6 Anova: Single Factor SUMMARY Groups Count Sum Average |Variance Healthy established 6 11.1 1.85 0.395 New 6 4.8 0.8 0.2 Failed 6 5.7 0.95 0.275 ANOVA Source of Variation SS if MS P-value F crit J TI Between Groups 3.870 2 1.935 0.008 3.682 Within Groups 4.350 0.290 Total 8.220 17 How many degrees of freedom are there within groups