What are the degrees of freedom for the anova f statistic

Reference no: EM131430525

Shopping and bargaining in Mexico. Price haggling and other bargaining behaviors among consumers have been observed for a long time. However, research addressing these behaviors, especially in a real-life setting, remains relatively sparse. A group of researchers performed a small study to determine whether gender or nationality of the bargainer has an effect in the final price obtained. The study took place in Mexico because of the prevalence of price haggling in informal markets. Salespersons working at various informal shops were approached by one of three bargainers looking for a specific product. After an initial price was stated by the vendor, bargaining took place. The response was the difference between the initial and the final price of the product. The bargainers were a Spanish-speaking Hispanic male, a Spanishspeaking Hispanic female, and an Anglo nonSpanish-speaking male. The following table summarizes the results:

Bargainer	n	Average reduction
Hispanic male	40	1.055
Anglo male	40	1.050
Hispanic female	40	2.310

(a) To compare the mean reductions in price, what are the degrees of freedom for the ANOVA F statistic?

(b) The reported test statistic is F = 8.708. Give an approximate (from a table) or exact (from software) P-value. What do you conclude?

Reference no: EM131430525

Questions Cloud

What are the four most important guidelines to consider : In your opinion, based on the twelve guidelines listed in our reading material this week, what are the four most important guidelines to consider when trying to improve e-learning? Why?

How my family used to live financially : The life difference between how my family used to live financially and how we changed our life now.

Compare and contrast ethical concerns related to treatment : PSY 624:Forensic psychologists are often called upon to provide expert testimony in the court system in determining the mental states of witnesses, victims, or the accused. They also suggest appropriate treatment for victims and offenders. This ro..

Identify the store where you shopped : Following your shopping experience summarize the following information in a document: Identify the store where you shopped. List what you purchased for $40. List observations about the type or quality of food purchased

What are the degrees of freedom for the anova f statistic : The reported test statistic is F = 8.708. Give an approximate (from a table) or exact (from software) P-value. What do you conclude?

How a driverless car sees the road : Create a new PowerPoint file naming the file "Internet_YourLastName"; add the ten slides described below using MS PowerPoint 2010 or later.

Functions organisational procedures perform in organisation : According to Plato, knowledge only exists in the intelligible world of the forms. What is personality? Identify and explain the big five dimensions of personality with appropriate examples. Explain the important functions organisational procedures pe..

Discuss three benefits of incorporating crowdsourcing : Describe the impact that crowdsourcing has had on the field of interface design. Analyze and discuss at least three benefits of incorporating crowdsourcing in a design project.

Describe the various techniques used in the ad : Describe the various techniques used in the ad (celebrity endorser, user imagery, executional factors, etc.) and how that links to the personality they are communicating. Review what traits you believe are good to have in a brand personality

User Account

All Pages