A survey was conducted to determine the impact of contamination on property values. Home owners were randomly selected from ea of seven states-A. B, C, D, E, F. and G. Each homeowner was asked to estimate the property value of a home located in an area contaminated by a certain substance. The dependent variable of interest was the substance discount percentage (the difference between the current home value and the estimated value after contamination, as a percentage) The researchers were interested in comparing the mean substance discount percentages across the seven states. Complete parts a and b. b. An ANOVA summary table is shown to the right. Use the information provided to conduct the hypothesis test, States part a. Use a-0.05. MS 0.0189 Source df F-value p-value 1.48 0.199 6 0.1136 68 0.8717 74 0.9853 Error 0.0128 Total What is the rejection region? Select the correct choice below and fill in the answer box(es) to complete your choice. (Round to two decimal places as needed.) O A. F> OB. F< OC. F< or F> Identify the test statistic, F. F- (Round to two decimal places as needed.) Identify the p-value. p%3D(Round to three decimal places as needed.) Determine the conclusion for the hypothesis test. Choose the correct answer below.
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
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