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Please, explain how to get the appropriate results.
Saeko owns a yarn shop and want to expands her color selection.
Before she expands her colors, she wants to find out if her customers prefer one brand over another brand. Specifically, she is interested in three different types of bison yarn. As an experiment, she randomly selected 15 different days and recorded the sales of each brand. At the .05 significance level, can she conclude that there is a difference in preference between the brands? Misa's Bison Yak-et-ty-Yaks Buffalo Yarns
98 79 65
85 86 83
91 72 78
87 82 66
98 91 193
What is the null hypothesis?
What is the alternative hypothesis?
What is the level of significance?
Use Tools - Data Analysis - ANOVA:Single Factor
Anova: Single Factor to find the F statistic:
A monopoly or oligopoly showing no economic profit or loss has
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