MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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An insurance company is trying to determine if there is a significant difference in the mean approval based on education level. The accompanying approval data comes from a sample of customer.
Additionally, you will find a partially completed ANOVA table, complete the table, use it to address the following questions.
Use a significance level of 0.01.
SUMMARY
Groups
College Grad
Count
Sum
Average
Variance
9
31
3.44
1.03
Grauate Degree
8
36
4.50
0.57
Some College
7
22
3.14
1.48
Determine the null hypothesis and the alternative hypothesis.
Ho
H₁
Find the F-test statistic.
F=
(Type an integer or decimal rounded to two decimal places as needed.)
Find the p-value.
p=
☐
(Type an integer or decimal rounded to three decimal places as needed.)
What is the critical value of the test statistic:
(Type a decimal rounded to two decimal places.)
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Transcribed Image Text:An insurance company is trying to determine if there is a significant difference in the mean approval based on education level. The accompanying approval data comes from a sample of customer. Additionally, you will find a partially completed ANOVA table, complete the table, use it to address the following questions. Use a significance level of 0.01. SUMMARY Groups College Grad Count Sum Average Variance 9 31 3.44 1.03 Grauate Degree 8 36 4.50 0.57 Some College 7 22 3.14 1.48 Determine the null hypothesis and the alternative hypothesis. Ho H₁ Find the F-test statistic. F= (Type an integer or decimal rounded to two decimal places as needed.) Find the p-value. p= ☐ (Type an integer or decimal rounded to three decimal places as needed.) What is the critical value of the test statistic: (Type a decimal rounded to two decimal places.)
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