Step 4 of 8: Calculate the value of the test statistic. Please round your answer to two decimal places. Step 5 of 8: What is the sum of squares of sample means about the grand mean? Please round your answer to two decimal places. Step 6 of 8: What is the variation of the individual measurements about their respective means? Please round your answer to two decimal places. Step 7 of 8: What is the critical value at the 0.05 level? Please round your answer to four decimal places, if necessary. Step 8 of 8: Is the test statistic significant at 0.05?
Step 4 of 8: Calculate the value of the test statistic. Please round your answer to two decimal places. Step 5 of 8: What is the sum of squares of sample means about the grand mean? Please round your answer to two decimal places. Step 6 of 8: What is the variation of the individual measurements about their respective means? Please round your answer to two decimal places. Step 7 of 8: What is the critical value at the 0.05 level? Please round your answer to four decimal places, if necessary. Step 8 of 8: Is the test statistic significant at 0.05?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
REPOSTING QUESTION FOR PART 2
Consider the following table:
| SS | DF | MS | Test Statistic | |
|---|---|---|---|---|
| Among Treatments | 1664.4 | |||
| Error | ? | 11 | 370.45 | |
| Total | 16 |
Step 4 of 8:
Calculate the value of the test statistic. Please round your answer to two decimal places.
Step 5 of 8:
What is the sum of squares of sample means about the grand mean? Please round your answer to two decimal places.
Step 6 of 8:
What is the variation of the individual measurements about their respective means? Please round your answer to two decimal places.
Step 7 of 8:
What is the critical value at the 0.05 level? Please round your answer to four decimal places, if necessary.
Step 8 of 8:
Is the test statistic significant at 0.05?
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