A financial services firm is interested in investigating the cost of exporting a company's products in 4 regions worldwide. Thefinancial analysts collect data of the cost associated with compliance of the economy's customs regulations to export ashipment in 10 countries (in US$) selected from each of 4 regions. They would like to investigate whether the average costs ofexporting differ across the four regions. To do so, they first conduct a Levene's test for the homogeneity of the variancesacross the 4 regions at the 5% level using the absolute deviations from the median. The following Table presents the results.Source of VariationdfMSFP-value F critSS878417.6 3 292805.8 5.78789 0.00245 2.866Between GroupsWithin Groups1821216.5 36 50589.34Total2699634.1 39What 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.

Given that We have given F calculated value=5.78789 F critical value= 2.866 P value=0.00245 We…

Answered: A financial services firm is interested…

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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