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An experiment wants to determine the impact of two inputs (X and Y) on the quantity of the good produced. The results from this experiment
An experiment wants to determine the impact of two inputs (X and Y) on the quantity of the good produced. The results from this experiment is shown in the table:
Input X | |||
Input Y | A | B | C |
1 | 80 | 88 | 73 |
2 | 87 | 83 | 83 |
3 | 90 | 93 | 79 |
- State the null hypothesis for this study (in words)
- Calculate all the sum of squared deviations for the experiment.
- Calculate all the mean of squared deviations for the experiment.
- Calculate the relevant F-statistics.
- Using a significance level of 5% what conclusions would you draw from the study?
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