Question
Since 2008 Airbnb has been popular among hosts and travelers due to unique travelling possibilities it offers. A marketing researcher is interested in understanding average
Since 2008 Airbnb has been popular among hosts and travelers due to unique travelling possibilities it offers. A marketing researcher is interested in understanding average price per night for a private room for neighborhoods around New York city.
He collected data on the rental price per night for 45 private room rentals in 5 neighborhoods around New York city (Manhattan, Bronx, Brookline, Queens, and Staten Island).
He then used a one-way ANOVA model to test whether the mean rental price per night for a private room around New York city (NYC) depends on the neighborhood.
The incomplete ANOVA table is given below.
- Write down the null and the alternative hypotheses for testing whether or not the mean price per night for a NYC private room depends on the neighborhood. Clearly define any parameters you might use
- Compute the 3 degrees of freedoms missing in the ANOVA table (i.e. DF for neighborhood, error DF and total DF)
- Compute Error Sums of squares missing (i.e. AdjSS for Error)
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