Question
Saeko owns a yarn shop and want to expands her color selection.Before she expands her colors, she wants to find out if her customers prefer
Saeko owns a yarn shop and want to expands her color selection.Before she expands her colors, she wants to find out if her customers prefer one brandover another brand. Specifically, she is interested in three different types of bison yarn.As an experiment, she randomly selected 21 different days and recorded the sales of each brand.At the .10 significance level, can she conclude that there is a difference in preference between the brands?Misa's BisonYak-et-ty-YaksBuffalo Yarns799776799784640931807822794675856920795616731875893837Total4,735.004,603.005,012.00What is the null hypothesis?What is the alternative hypothesis?What is the level of significance?Use Tools - Data Analysis - ANOVA:Single Factorto find the F statistic:From the ANOVA output: What is the F value?What is the F critical value?What is your decision?Explain in statistical terms
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