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Use Megastat and Data Analysis to substantiate your answers ANOVA: It has 5 pharmaceutical firms that produce 9 types of generics. Consumers want to know
Use Megastat and Data Analysis to substantiate your answers ANOVA: It has 5 pharmaceutical firms that produce 9 types of generics. Consumers want to know that the company has on average higher prices for not buying their products. Prices (US dollar) are presented below: A $75 72 87 77 84 82 84 81 78 B $94 87 80 86 80 67 86 82 86 C $90 86 92 75 79 94 95 85 86 D $85 81 95 81 72 89 84 73 97 E $72 77 87 68 80 76 68 86 82 Report: 1. The variability between samples (CMTRs). Use the appropriate formula. 2. The variability within samples (CME). Use the appropriate formula. 3. The F-calculated (test statistic) and value-P. 4. Is or not reject the null hypothesis at 5% significance level. [Use Method and Method P value of the test statistic]. [Note: the critical value can be obtained from the website http://www.Statdistributions.com/f/]. 5. Explain your results with confidence intervals. [Use 99% confidence level] 6. Does the consumer can know that pharmaceutical or should not choose which one to choose? Explain
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