Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Econometrics 461: Homework set #6 All of your calculations and conclusions should be completed where indicated below. This sheet is constructed to take your answers

image text in transcribed
Econometrics 461: Homework set #6 All of your calculations and conclusions should be completed where indicated below. This sheet is constructed to take your answers and populate the "Answer Sheet" tab. When you are nished, print the "Aswer Sheet" to turn this in during recitation on Friday, March 10. Name ==> SOLUTIONS Section => UID => 1. You are provided data on the fuel consumption (in miles per gallon or MPG) for a group of 5 different cars as shown on the 01 Data tab and are asked to provide a test of whether the average MPG among this set of cars is the same. Accordingly, you use a "AN OVA Single Factor" analysis to produce the following output: Auova: Single Factor SUMMARY Groups Count Sum Average Variance Car-1 25 420.79 16.832 5.001 Car-2 33 527.17 15.975 2.159 Car-3 27 451.08 16.707 4.225 Car-4 19 342.26 18.014 4.945 Car-5 23 401.63 17.462 3.543 ANOVA Source (1 Variation SS d MS F Pval'ue F crit Between Groups (SSG) 60.11608 4 15.02902 3.935469 0.004858 2.445981 Within Groups (SSW) 465.9014 122 3.818864 Total 526.0175 126 a) What is the calculated Fstatistic to test the null that the group means are equal? 2. you are next given another set of MPG data, this time for the same 5 cars, but rather than repeated random trials, you have the MPG data for 7 specic drivers wth N0 REPLICATION. Accordingly, you use the "ANOVA: Two Factor - - - n - - . Witout Replication anaiysts to produce the followtng results. 3' 93 5469

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra Step By Step

Authors: Kuldeep Singh

1st Edition

0191507768, 9780191507762

More Books

Students also viewed these Mathematics questions

Question

Briefly describe Kants theory of moral development.

Answered: 1 week ago