Question
Shirley is curious as to whether Australia has the same average petrol prices to New Zealand and Indonesia. Test this at the 1% level of
Shirley is curious as to whether Australia has the same average petrol prices to New Zealand and Indonesia. Test this at the 1% level of significance. Useworksheet Lof the Excel Exam data file to answer this question.
The null hypothesis to be tested is
H0: at least one is different
H0: 1 ? 2 ? 3H0: 2 = 3
H0: 1 = 2 = 3T
he degrees of freedom for between groups is2431
The sample mean value for Australia is
A) 143.64
B) 0.55
C) 141.64
D) 131.09
The decision rule for a 1% test is
A)Reject H0 if Z > 1.65
B) Reject H0 if F > 1.69
C) Reject H0 if F > 5.14
D)Reject H0 if F > 5.39
Thep-value for this test is
A)13.99
B) 0.01
C) 3.11
D) virtually zero
The calculated test statistic is
A) 11.23
B) 5.14
C) 5.11
D) 3.32
The conclusion for this hypothesis test is
A) Do not reject H0 and hence conclude that at least one mean differs.
B) Do not reject H0 and hence conclude that means are equal.
C) Reject H0 and hence conclude that at least one mean differs.
D) Reject H0 and hence conclude that means are equal.
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