Question
1. Compare a one-way ANOVA on the following data. Use .05 level of significance A B C 3 4 6. 3 3 1 2.
1. Compare a one-way ANOVA on the following data. Use .05 level of significance A B C 3 4 6. 3 3 1 2. Family Transportation costs are usually higher than most people believe because those costs include car payments, insurance, fuel costs, repairs, parking, and public transportation. Twenty randomly selected families in four major cities are asked to use their records to estimate a monthly figure for transportation cost. Use the data obtained and ANOVA to test whether there is a significant different in monthly transportation cost for families living in these cities. Assume that a = .05 Discuss the business implications of your findings. Atlanta New York Los Angeles Chicago 650 250 850 540 480 525 700 450 550 300 950 675 600 175 780 550 675 500 600 600 4, 1. 3,
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
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