Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Consumer Reports Restaurant Customer Satisfaction Survey is based upon 148,599 visits to full-service restaurant chains (Consumer Reports website). One of the variables in the

image text in transcribed
The Consumer Reports Restaurant Customer Satisfaction Survey is based upon 148,599 visits to full-service restaurant chains (Consumer Reports website). One of the variables in the study is meal price, the average amount paid per person for dinner and drinks, minus the tip. Suppose a reporter for the Sun Coast Times thought that it would be of interest to her readers to conduct a similar study for restaurants located on the Grand Strand section in Myrtle Beach, South Carolina. The reporter selected a sample of 8 seafood restaurants, 8 Italian restaurants, and 8 steakhouses. The following data show the meal prices ($) obtained for the 24 restaurants sampled. Use a = 0.05 to test whether there is a significant difference among the mean meal price for the three types of restaurants. Italian Seafood Steakhouse $ 13 $ 16 $ 26 $ 12 $ 16 $ 19 $ 16 $ 18 $ 24 $ 19 $ 24 $ 25 $ 17 $ 23 $ 19 $ 19 $ 13 $ 21 $ 18 $ 21 $ 28 $ 23 $ 19 $ 32 Sum of Squares Degrees Mean Square p -value Source of Variation (to whole number) of Freedom (to 2 decimals) (to 2 decimals) (to 4 decimals) X X X X X Treatments X X Error X X Total The p-value is less than 0.01 v What is your conclusion? Conclude not all treatment means are equal

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

Students also viewed these Accounting questions