Analysis of Variance

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Issue:

Business

 

Written by:

Elizabeth S

 

Date added:

December 4, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 469

 

Was viewed:

9360 times

 

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Essay content:

Adam then decided to collect the sample office prices from San Francisco area to find out whether there is a difference in mean price if office space in three different locations: San Francisco, Sacramento, and outlying areas of Sacramento. Adam will formulate a hypothesis statement and perform the five-step hypothesis test on the data he collected...
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The null hypothesis is that the mean prices are the same for the three locations. H0: ?Y1 = ?Y2 = ?Y3 The alternate hypothesis is that the mean prices are not all the same for the three locations. H0: The mean prices are not all equal. We can also think of the alternate hypothesis as ?§at least two mean prices are not equal...
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