onsider the following information regarding the dividends paid per share by companies in the banking, ansportation, and energy industries. Does the data provide evidence to conclude that there is a significant ifference among the average dividends paid per share for the three different industries? Companies Banking Transportation Energy 1.52 1.00 2.08 1.19 0.35 1.28

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.3: Special Probability Density Functions
Problem 36E
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Consider the following information regarding the dividends paid per share by companies in the banking,
transportation, and energy industries. Does the data provide evidence to conclude that there is a significant
difference among the average dividends paid per share for the three different industries?
Companies Banking Transportation Energy
1
1.52
1.00
2.08
7
1.19
0.35
1.28
DF Sum Sq Mean Sq
F Value
P-Value
Groups
3.02
Residuals
Total
12.07
1.
Above is part of the output associated with this test. Complete the table. (Be accurate to two
decimals).
Show your work to calculate the value of the test statistic associated with this ANOVA test.
Show your work to compute the p-value associated with this ANOVA test. (Provide the formula).
Interpret the conclusión of the test in the context of the problem.
2.
4.
Transcribed Image Text:Consider the following information regarding the dividends paid per share by companies in the banking, transportation, and energy industries. Does the data provide evidence to conclude that there is a significant difference among the average dividends paid per share for the three different industries? Companies Banking Transportation Energy 1 1.52 1.00 2.08 7 1.19 0.35 1.28 DF Sum Sq Mean Sq F Value P-Value Groups 3.02 Residuals Total 12.07 1. Above is part of the output associated with this test. Complete the table. (Be accurate to two decimals). Show your work to calculate the value of the test statistic associated with this ANOVA test. Show your work to compute the p-value associated with this ANOVA test. (Provide the formula). Interpret the conclusión of the test in the context of the problem. 2. 4.
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