A dataset from 1987 contains information about credit card applications and approvals for 690 applicants.We are interested in looking at the amount of debt across industries, specifically between informationtechnology, healthcare, real estate, and education. The following values are scaled down for ease ofanalysis.From the sample, 44 are in information technology with an average of $4.03 dollars in debt and a standarddeviation of $3.88.55 are in the healthcare industry with an average of $5.84 dollars in debt and a standard deviation of$6.58.33 are in real estate with an average of $4.79 dollars in debt and a standard deviation of $5.43.20 are in education with an average of $8.21 dollars in debt and a standard deviation of $6.25.Fill in the hypotheses below:Ho: All the means are equal.Ha: At least one mean is different from the others.Part 2 of 3Complete the following ANOVA summary table (a = 0.01). Round your answers to three decimal places, ifnecessary, and round any interim calculations to four decimal places.What is the overall mean? Use this as a check before you begin your calculations.SourceBetweenWithinTotalSSdfMSFP-value

It is given that there are four variables.

Answered: A dataset from 1987 contains…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A dataset from 1987 contains information about credit card applications and approvals for 690 applicants. We are interested in looking at the amount of debt across industries, specifically between information technology, healthcare, real estate, and education. The following values are scaled down for ease of analysis. From the sample, 44 are in information technology with an average of $4.03 dollars in debt and a standard deviation of $3.88. 55 are in the healthcare industry with an average of $5.84 dollars in debt and a standard deviation of $6.58. 33 are in real estate with an average of $4.79 dollars in debt and a standard deviation of $5.43. 20 are in education with an average of $8.21 dollars in debt and a standard deviation of $6.25. Fill in the hypotheses below: Ho: Select an answer Ha: Select an answer
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