Perform a one way anova, Microeconomics

The Tastee Bakery Company supplies a bakery product to many supermarkets in a metropolitan area. The company wishes to study the effect of shelf display height employed by the supermarkets on monthly sales (measured in 10 unit cases). Shelf display height, the factor to be studied, has three levels - bottom (B), middle (M), and top (T) - which are the measurements. Let µB, µM, and uT represent the mean monthly sales when using the bottom, middle and top shelf display heights.

a) Perform a one-way ANOVA.

b) Test the null hypothesis that the mean monthly sales are equal by setting α = 0.05. On the basis of this, can we conclude that the bottom, middle and top shelf display heights have different effects on mean monthly sales?

                                        Shelf Display Height

Bottom (B)                             Middle (M)                             Top (T)

      58.2                                        73.0                                     52.4

      53.7                                        78.1                                     49.7

      55.8                                        75.4                                     50.9

      55.7                                        76.2                                     54.0

      52.5                                        78.4                                     52.1

      58.9                                        82.1                                     49.9

 

Posted Date: 3/7/2013 1:48:47 AM | Location : United States







Related Discussions:- Perform a one way anova, Assignment Help, Ask Question on Perform a one way anova, Get Answer, Expert's Help, Perform a one way anova Discussions

Write discussion on Perform a one way anova
Your posts are moderated
Related Questions
Define Average Total Cost and Average Variable Cost Average Total Cost:    The amount spent on producing every unit of output. The average cost is calculated by dividing the t

Trends in the Growth of Production and  Productivity: From an analysis of the trends of growth of production and productivity of agricultural sector as a whole and of differen

Real and nominal GDP, GNP, and Intrest rates, Stock & flow variables, Disinflation, Inflation rates, unemployement rates, labor force, participation rate, output per person, GDP d

what is micro economics

not that long ago we experienced the excitement of thinking we would have cheaper online books and free music. these visions that we had of a free market utopia that blinded us to

Concepts of Income and Substitution Effects:   Change in demand for a good due to one unit change in price of that good for given prices and money income is known as own price

Real Interest Rate: Interest rate on a loan, adjusted for rate of inflation. Real interest rate represents real burden of an interest payment. Real interest rates should be positiv


what are criteria and conditions for pareto optimacy

The market demand function of a firm is given by 4P + Q - 16 = 0 And the AC function takes the form AC = 4/Q + 2 - 0.3Q + 0.05Q 2 Find the Q which gives: (a)  Maxim