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One important consideration in determining which location is best for a new retail business is the amount of traffic that passes the location each business
One important consideration in determining which location is best for a new retail business is the amount of traffic that passes the location each business day. Counters are placed at each of four locations on the five weekdays, and the number of cars passing each location is recorded in the table below. At 0.05 level of significance, test if there is a significant difference in the mean number of cars per day at the four locations. Location IV 45 48 44 39 50 60 50 49 39 39 40 38 44 45 42 40 42 43 44 43What is the appropriate null hypothesis for this problem? Q a. There are more cars passing through location Il compared to the other three locations. O b. There is a significant difference in the mean number of cars per day at the four locations. O c. Retail business is best for all four locations. O d. There is no significant difference in the mean number of cars per day at the four locations.What is the computed value of the F statistic? You may copy-paste the table and run it in MS Excel. O a. 2.23 O b. 0.84 O c. 0.76 O d. 1.19What is the conclusion of the test? O a. There is a significant difference in the mean number of cars per day at the four locations. O b. There is no significant difference in the mean number of cars per day at the four locations. O c. Location II is best for a new retail business compared to the other three locations. O d. There is no significant difference in the mean sales per day at the four locations.What is the critical region for the test? Q a. F > 3.24 O b. F >3.24 O d. F> . 3.24
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