A financial services firm is interested in investigating the cost of exporting a company's products in 4 regions worldwide. The financial analysts collect data of the cost associated with compliance of the economy's customs regulations to export a shipment in 10 countries (in US$) selected from each of 4 regions. They would like to investigate whether the average costs of exporting differ across the four regions. To do so, they first conduct a Levene's test for the homogeneity of the variances across the 4 regions at the 5% level using the absolute deviations from the median. The following Table presents the results. Source of Variation MS F P-value F crit SS df 878417.6 3 292805.8 5.78789 0.00245 2.866 Between Groups Within Groups 1821216.5 36 50589.34 Total 2699634.1 39 What is the appropriate interpretation of the Levene's test? Επιλέξτε ένα: O b. O a. There is sufficient evidence that three population variances are significantly different. There is sufficient evidence that one or more population variances are significantly different. There is sufficient evidence that two population variances are significantly different. O c. O d. There is no difference in variance between populations.
A financial services firm is interested in investigating the cost of exporting a company's products in 4 regions worldwide. The financial analysts collect data of the cost associated with compliance of the economy's customs regulations to export a shipment in 10 countries (in US$) selected from each of 4 regions. They would like to investigate whether the average costs of exporting differ across the four regions. To do so, they first conduct a Levene's test for the homogeneity of the variances across the 4 regions at the 5% level using the absolute deviations from the median. The following Table presents the results. Source of Variation MS F P-value F crit SS df 878417.6 3 292805.8 5.78789 0.00245 2.866 Between Groups Within Groups 1821216.5 36 50589.34 Total 2699634.1 39 What is the appropriate interpretation of the Levene's test? Επιλέξτε ένα: O b. O a. There is sufficient evidence that three population variances are significantly different. There is sufficient evidence that one or more population variances are significantly different. There is sufficient evidence that two population variances are significantly different. O c. O d. There is no difference in variance between populations.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Transcribed Image Text:A financial services firm is interested in investigating the cost of exporting a company's products in 4 regions worldwide. The
financial analysts collect data of the cost associated with compliance of the economy's customs regulations to export a
shipment in 10 countries (in US$) selected from each of 4 regions. They would like to investigate whether the average costs of
exporting differ across the four regions. To do so, they first conduct a Levene's test for the homogeneity of the variances
across the 4 regions at the 5% level using the absolute deviations from the median. The following Table presents the results.
Source of Variation
df
MS
F
P-value F crit
SS
878417.6 3 292805.8 5.78789 0.00245 2.866
Between Groups
Within Groups
1821216.5 36 50589.34
Total
2699634.1 39
What is the appropriate interpretation of the Levene's test?
Επιλέξτε ένα:
O a. There is sufficient evidence that three population variances are significantly different.
O b. There is sufficient evidence that one or more population variances are significantly different.
O c. There is sufficient evidence that two population variances are significantly different.
O d. There is no difference in variance between populations.
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