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    Statistics - ANOVA - 5 Steps Hypothesis Testing

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    A sample of 25 concession stand purchases at the October 22 matinee of Bride of Chucky showed a mean purchase of $5.29 with a standard deviation of$3.02. For the October 26 evening showing of the same movie, for a sample of 25 purchases the mean was $5.12 with a standard deviation of $2.14. The means appear very close, but not the variances.
    At a=.05, is there a difference in variances?
    Perform 5 steps hypothesis testing for: 9.22, 9.62, 9.66, &9.68

    © BrainMass Inc. brainmass.com December 24, 2021, 8:13 pm ad1c9bdddf
    https://brainmass.com/statistics/analysis-of-variance/statistics-anova-steps-hypothesis-testing-257653

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    (a) Hypotheses: H0: 1^2 = 2^2 vs Ha: 1^2 ≠ 2^2
    (b) Level of Significance:  = 5%
    (c) Decision Rule: Reject the null hypothesis if p-value < 0.05.
    (d) Test characteristic: F = s1^2 /s2^2 = 3.02^2 / 2.14^2 = 1.9915
    For dof (numerator) = dof(denominator) = 24 and corresponding to F- value = 1.9915,
    the p- value = 0.049057
    (e) Conclusion: 0.049057 is just less than 0.05, we reject H0. There is just about enough statistical evidence to conclude at 5% level of significance that there is a difference in the variances.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    © BrainMass Inc. brainmass.com December 24, 2021, 8:13 pm ad1c9bdddf>
    https://brainmass.com/statistics/analysis-of-variance/statistics-anova-steps-hypothesis-testing-257653

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