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    ANOVA

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    ** Please see the attached file for the data **

    Thank you in advance.

    In the attached file, named Savings Rate data to figure out the below is annotated. The .xls contains the yields for a money market account, a one-year certificate of deposit (CD), and a five-year CD for 23 banks in the metropolitan New York area, as of May 28, 2009.

    a) At the 0.05 level of significance, is there evidence of a difference in the mean yields of the different accounts?

    b) If appropriate, determine which accounts differ in mean yields.

    c) At the 0.05 level of significance, is there evidence of a difference in the variation in the yields among the different accounts?

    d) What effect does your result in (c) have on the validity of the results in (a) and (b)?

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    https://brainmass.com/statistics/analysis-of-variance/anova-level-significance-462000

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    I have submitted the solution in Excel. If you need the solution in word file please message me.
    Thanks.

    Solution:
    a) The null and alternative hypothesis are
    Ho: μ1 = μ2 = μ3
    H1: At ...

    Solution Summary

    This solution illustrates a testing of a hypothesis problem using an analysis of variance (ANOVA) test.

    $2.19

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