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An insurance company is trying to determine if there is a significant difference in the mean approval based on education level. The accompanying approval
An insurance company is trying to determine if there is a significant difference in the mean approval based on education level. The accompanying approval data comes from a sample of customer. Additionally, you will find a partially completed ANOVA table, complete the table, use it to address the following questions. Use a significance level of 0.01. SUMMARY Groups College Grad Count Sum Average Variance 9 31 3.44 1.03 Grauate Degree 8 36 4.50 0.57 Some College 7 22 3.14 1.48 ANOVA Source of Variation SS df MS F P-value Between Groups Within Groups 1.0000 Total 29 Find the F-test statistic. F= (Type an integer or decimal rounded to two decimal places as needed.) Find the p-value. p = (Type an integer or decimal rounded to three decimal places as needed.) What is the critical value of the test statistic: 5.78
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To find the Ftest statistic we first need to calculate the Mean Square MS for both Between Groups an...Get Instant Access to Expert-Tailored Solutions
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