Home
Introductory statistics
F distribution and one-way anova
Lab: one-way anova
One-way anova
Class Time:
Names:
Student learning outcome
The student will conduct a simple one-way ANOVA test involving three variables.
Collect the data
Record the price per pound of eight fruits, eight vegetables, and eight breads in your local supermarket.
Explain how you could try to collect the data randomly.
Analyze the data and conduct a hypothesis test
Compute the following:
Fruit:
x
¯ = ______
s
x = ______
n = ______
Vegetables:
x
¯ = ______
s
x = ______
n = ______
Bread:
x
¯ = ______
s
x = ______
n = ______
Find the following:
df (
num ) = ______
df (
denom ) = ______
State the approximate distribution for the test.
Test statistic:
F = ______
Sketch a graph of this situation. CLEARLY, label and scale the horizontal axis and shade the region(s) corresponding to the
p -value.
p -value = ______
Test at
α = 0.05. State your decision and conclusion.
Decision: Why did you make this decision?
Conclusion (write a complete sentence).
Based on the results of your study, is there a need to investigate any of the food groups’ prices? Why or why not?
Questions & Answers
Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
can you send the book attached ?
Ariel
the study of how humans make choices under conditions of scarcity
AI-Robot
U(x,y) = (x×y)1/2
find mu of x for y
U(x,y) = (xÃy)1/2
find mu of x for y
Desalegn
this is the study of how the society manages it's scarce resources
Belonwu
macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.
husaini
difference between firm and industry
what's the difference between a firm and an industry
Abdul
firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅
Abdulraufu
Suppose the demand function that a firm faces shifted from
Qd 120 3P
to
Qd 90 3P
and the supply function has shifted from
QS
20 2P
to
QS
10 2P .
a) Find the effect of this change on price and quantity.
b) Which of the changes in demand and supply is higher?
explain standard reason why economic is a science
factors influencing supply
scares
means__________________ends
resources. unlimited
Jan
economics is a science that studies human behaviour as a relationship b/w ends and scares means which have alternative uses
Jan
calculate the profit maximizing for demand and supply
Why qualify 28 supplies
Milan
out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials
AI-Robot
concepts of supply in microeconomics
identify a demand and a supply curve
there's a difference
Aryan
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
Israr
Hi Sir please how do u calculate Cross elastic demand and income elastic demand?
Abari
Got questions? Join the online conversation and get instant answers!
Source:
OpenStax, Introductory statistics. OpenStax CNX. May 06, 2016 Download for free at http://legacy.cnx.org/content/col11562/1.18
Google Play and the Google Play logo are trademarks of Google Inc.