The following table contains the results of a survey of daily rental rates of a mid-size car for three major rental car companies at three airport locations on three different days during the year. Is there sufficient evidence to conclude that there is a significant difference among the average daily rental rates for mid-size cars for the three rental car companies? Daily Rental Rates of Mid-Size Cars ($) New York Chicago Miami Hertz 70.9970.99 49.9949.99 47.9947.99 51.9951.99 49.9949.99 50.9950.99 47.9947.99 93.9993.99 70.9970.99 Avis 87.8687.86 47.9947.99 88.9988.99 87.1087.10 71.9971.99 80.9980.99 76.9876.98 99.9999.99 74.9974.99 National 70.0070.00 71.9971.99 58.0058.00 73.0073.00 60.0060.00 61.9961.99 66.0066.00 71.9971.99 50.9950.99 Copy Data ANOVA Source of Variation SSSS dfdf MSMS Company 1969.87811969.8781 22 984.9391984.9391 Location 123.5111123.5111 22 61.755661.7556 Interaction 472.1981472.1981 44 118.0495118.0495 Within 3614.98233614.9823 1818 200.8324200.8324 Total 6180.56966180.5696 2626 Copy Data Step 2 of 2 : Make the decision to reject or fail to reject the null hypothesis of equal average daily rental rates for the three companies and state the conclusion in terms of the original problem. Be sure to test for interaction first. Use α=0.05�=0.05.
The following table contains the results of a survey of daily rental rates of a mid-size car for three major rental car companies at three airport locations on three different days during the year. Is there sufficient evidence to conclude that there is a significant difference among the average daily rental rates for mid-size cars for the three rental car companies? Daily Rental Rates of Mid-Size Cars ($) New York Chicago Miami Hertz 70.9970.99 49.9949.99 47.9947.99 51.9951.99 49.9949.99 50.9950.99 47.9947.99 93.9993.99 70.9970.99 Avis 87.8687.86 47.9947.99 88.9988.99 87.1087.10 71.9971.99 80.9980.99 76.9876.98 99.9999.99 74.9974.99 National 70.0070.00 71.9971.99 58.0058.00 73.0073.00 60.0060.00 61.9961.99 66.0066.00 71.9971.99 50.9950.99 Copy Data ANOVA Source of Variation SSSS dfdf MSMS Company 1969.87811969.8781 22 984.9391984.9391 Location 123.5111123.5111 22 61.755661.7556 Interaction 472.1981472.1981 44 118.0495118.0495 Within 3614.98233614.9823 1818 200.8324200.8324 Total 6180.56966180.5696 2626 Copy Data Step 2 of 2 : Make the decision to reject or fail to reject the null hypothesis of equal average daily rental rates for the three companies and state the conclusion in terms of the original problem. Be sure to test for interaction first. Use α=0.05�=0.05.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
The following table contains the results of a survey of daily rental rates of a mid-size car for three major rental car companies at three airport locations on three different days during the year. Is there sufficient evidence to conclude that there is a significant difference among the average daily rental rates for mid-size cars for the three rental car companies?
Daily Rental Rates of Mid-Size Cars ($)
Copy Data
ANOVA
Copy Data
| New York | Chicago | Miami | |
|---|---|---|---|
| Hertz | 70.9970.99 | 49.9949.99 | 47.9947.99 |
| 51.9951.99 | 49.9949.99 | 50.9950.99 | |
| 47.9947.99 | 93.9993.99 | 70.9970.99 | |
| Avis | 87.8687.86 | 47.9947.99 | 88.9988.99 |
| 87.1087.10 | 71.9971.99 | 80.9980.99 | |
| 76.9876.98 | 99.9999.99 | 74.9974.99 | |
| National | 70.0070.00 | 71.9971.99 | 58.0058.00 |
| 73.0073.00 | 60.0060.00 | 61.9961.99 | |
| 66.0066.00 | 71.9971.99 | 50.9950.99 |
ANOVA
| Source of Variation | SSSS | dfdf | MSMS |
|---|---|---|---|
| Company | 1969.87811969.8781 | 22 | 984.9391984.9391 |
| Location | 123.5111123.5111 | 22 | 61.755661.7556 |
| Interaction | 472.1981472.1981 | 44 | 118.0495118.0495 |
| Within | 3614.98233614.9823 | 1818 | 200.8324200.8324 |
| Total | 6180.56966180.5696 | 2626 |
Step 2 of 2 :
Make the decision to reject or fail to reject the null hypothesis of equal average daily rental rates for the three companies and state the conclusion in terms of the original problem. Be sure to test for interaction first. Use α=0.05�=0.05.
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