Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Questions: Conduct an ANOVA test at a signicance of 5%. Interpret the results and explain where the granola bar should be shelved and why. With

image text in transcribedimage text in transcribed
Questions: Conduct an ANOVA test at a signicance of 5%. Interpret the results and explain where the granola bar should be shelved and why. With the information contained in the accompanying Excel le, complete the following: 1. Conduct an ANOVA test at a signicance of 5%. 2. Interpret the results and explain which location you would recommend and why. Store Aisle End-Cap Checkout Lane 1 738 712 833 2 726 685 795 3 722 725 782 4 715 699 754 5 767 632 772 Answers: Attached are the supporting data and calculations using Microsoft Excel. H0 = There is no difference in sales of the granola bars at the three different locations Ha = There is a difference in sales of the granola bars at the three different locations 1) Using the ANOVA function on excel and the data with a significance of 5% provided we come up with: ANOVA SUMMARY Aim Mun cementum mm Sourceormm \" Bemeeuswm \"Mm a Tomftm 337913333 n As we're testing the difference in sales based on location, we'll be looking at these two values: F = 13 .553 p-value = 0.00le From the F-table with a = 0.05 we conclude: Do not reject if F 3.89 So, since F: 13.553 > 3.89 and p-value: 0.0008 49.58 787.2 - 690.6 = 96.6 > 49.58 |733.6 - 690.6 = 43

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

Step: 3

blur-text-image

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

Trigonometry A Unit Circle Approach

Authors: Michael Sullivan

10th Edition

0321999347, 9780321999344

More Books

Students also viewed these Mathematics questions

Question

What was the positive value of Max Weber's model of "bureaucracy?"

Answered: 1 week ago

Question

1. To gain knowledge about the way information is stored in memory.

Answered: 1 week ago