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

Market failures - rationale in era of globalisation, Market failures (eve...

Market failures (even when they do not have international external effects) i) Self-fulfilling bank runs, government debt runs, currency crises. ii) Liquidation costs of li

Government Stimulus Package, The government decides to implement a new econ...

The government decides to implement a new economic stimulus package targeted at American Farmers. The stimulus package gives every household a $300 prepaid credit card that may on

Conservaton of mass, IN THE LABORATORY OXYGEN IS PRODUCED BY HEATING POTASS...

IN THE LABORATORY OXYGEN IS PRODUCED BY HEATING POTASSIUM CHLORATE ACCORDING TO THE EQUATION 2KCLO3-2KCL+3O2. WHEN 298g OF KCLO3 IS HEATED IT GAVE 181.2g OF OXYGEN. GIVEN THAT 32g

Features of monopolistic competition, Features of monopolistic competition:...

Features of monopolistic competition: Large number of firms in the industry. There are many small firms each supplying only a small share of the total market output. Hence, no

Contribution of foreign trade to economic development, Contribution of Fore...

Contribution of Foreign Trade to Economic Development: Foreign trade contributes to economic development in a number of ways.  •  It provides flow of technology which al

What is the price elasticity of demand for electricity, 1. On Wednesday the...

1. On Wednesday the 16 th , 2008 an enormous avalanche knocked out the lines that transmitted electricity from a hydroelectric dam to Juneau, Alaska. This eliminated Juneau's prima

Ic, consumer equilibrium by indiffrence curve approach

consumer equilibrium by indiffrence curve approach

Market Analysis, Is coca-cola an oligopoly or monopolistic competition

Is coca-cola an oligopoly or monopolistic competition

Microeconomics, Define the concept of cross elasticity of demand

Define the concept of cross elasticity of demand

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