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A real estate developer is considering investing in a shopping mall on the outskirts of Toledo, Ohio. Three parcels of land are being considered. Of
A real estate developer is considering investing in a shopping mall on the outskirts of Toledo, Ohio. Three parcels of land are being considered. Of particular concern is the income in the area surrounding the new mall. A random sample of four families is selected near each proposed site.
At the 0.05 level of significance, can the developer conclude there is a difference in the mean incomes? Run the ANOVA Global and Post Hoc tests.
What is the p-value for the Global test?
A. 0.15 B. 0.00 C. 0.05 D. 0.01
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