ANOVA problem for difference in the price

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A consumer organization wants to know whether there is a difference in the price of a particular toy at three different types of stores.The price of the toy was checked in a sample of five discount stores, five variety stores, and five department stores. The results are shown below. Use the .05 significance level.

Discount Variety Department
$12 $15 $19

13 17 17

14 14 16

12 18 20

15 17 19

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Analysis of Variance
A consumer organization wants to know whether there is a difference in the price of a particular toy at three different types of stores. The price of the toy was checked in a sample of five discount stores, five variety stores, and five department stores. The results are shown below. Use the .05 significance level. ...

Solution Summary

The solution provides step by step method for the calculation of ANOVA for difference in the price . Formula for the calculation and Interpretations of the results are also included. .

$2.49