Perform a one way anova, Microeconomics

Assignment Help:

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

 


Related Discussions:- Perform a one way anova

S block elements , #question.what is the periodc clasification?.

#question.what is the periodc clasification?.

Engel curves, Engel Curves -Engel curves relate quantity of good consum...

Engel Curves -Engel curves relate quantity of good consumed to income. -If good is a normal good, Engel curve is sloping upward. -If good is an inferior good, the Engel c

Explain key assumptions and desired properties, Explain the key assumptions...

Explain the key assumptions and desired properties commonly used economics. Economists generally make all or some of the given key assumptions and a condition while they study

Compare traditional modern and engineering cost theory, compare traditional...

compare traditional modern and engineering cost curves

Public-private partnerships, Public-Private Partnerships (PPPs):A form of f...

Public-Private Partnerships (PPPs):A form of financing public investment and sometimes the direct provision of public services, in that finance is provided by private investors (in

Compute numerically the equilibrium quantity, You are examining the effects...

You are examining the effects of a specific tax of 10 cents imposed on the sales of a product that we shall call XYZ. To carry out your analysis, assume that the market is a perfec

Economic growth, a.  Referring to the table below and using the "Rule of 70...

a.  Referring to the table below and using the "Rule of 70," comment on long-term changes in the standard of living in the United States?  b.  Would you rather live in the Unite

Equilibrium level of economic output, Provide an economic explanation of wh...

Provide an economic explanation of what you have shown in your diagram above.  Iceland was a small open economy with perfect capital mobility. Consequently, the equilibrium domesti

Wealth, Wealth: This is a stock of accumulated purchasing power stored up...

Wealth: This is a stock of accumulated purchasing power stored up from the past. For example, if you have a fat savings account accumulated from your past earnings, your curre

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd