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Use the following data and ANOVA to test whether there is a significant difference in mean of sales among brands. Use significance level of 5%.
Use the following data and ANOVA to test whether there is a significant difference in mean of sales among brands. Use significance level of 5%. Discuss and interpret findings thoroughly. Please show how to do on excel step by step.
Brand 1
2014=6.16
2015= 10.15
2016=13.45
2017=8.48
2018=8.37
Brand 2
2014=11.1
2015= 13.2
2016=13.4
2017=14.2
2018=11.2
Brand 3
2014=3.53
2015= 3.12
2016=3.51
2017=3.56
2018=3.53
Brand 4
2014=28.7
2015= 26.0
2016=23.7
2017=24.6
2018=24
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