BAD 876 PROBLEM ANALYSIS: ANALYSIS OF VARIANCE QUESTION 1 Use F-table and find the following: 1. F if V₁ = 4; V2 = 8; and a= 1%. 2. Fa if V₁ =7; V2 = 14; and α= 10%. 3. F if V₁ = 5; V2 = 22; and α= 5%. 4. F. if V₁ =6; V₁ = 10; and a 1%. QUESTION 2 Test whether the average gas prices in the States of Missouri, Iowa and Illinois are equal against the alternative that not all the average prices are equal (use a=5%). A business analyst provided the following information about each random sample taken from each State: Missouri X1=3.0 S=2 n₁ = 5 Gas Price/Gallon Iowa X2 = 3.2 S=3 n₂ =5 Illinois X3 = 3.5 S=1 n₂ =10

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BAD 876
PROBLEM ANALYSIS: ANALYSIS OF VARIANCE
QUESTION 1
Use F-table and find the following:
1. F if V₁ = 4; V2 = 8; and a= 1%.
2. Fa if V₁ =7; V2 = 14; and α= 10%.
3. F if V₁ = 5; V2 = 22; and α= 5%.
4. F. if V₁ =6; V₁ = 10; and a 1%.
QUESTION 2
Test whether the average gas prices in the States of Missouri, Iowa and Illinois are equal against
the alternative that not all the average prices are equal (use a=5%). A business analyst provided
the following information about each random sample taken from each State:
Missouri
X1=3.0
S=2
n₁ = 5
Gas Price/Gallon
Iowa
X2 = 3.2
S=3
n₂ =5
Illinois
X3 = 3.5
S=1
n₂ =10
Transcribed Image Text:BAD 876 PROBLEM ANALYSIS: ANALYSIS OF VARIANCE QUESTION 1 Use F-table and find the following: 1. F if V₁ = 4; V2 = 8; and a= 1%. 2. Fa if V₁ =7; V2 = 14; and α= 10%. 3. F if V₁ = 5; V2 = 22; and α= 5%. 4. F. if V₁ =6; V₁ = 10; and a 1%. QUESTION 2 Test whether the average gas prices in the States of Missouri, Iowa and Illinois are equal against the alternative that not all the average prices are equal (use a=5%). A business analyst provided the following information about each random sample taken from each State: Missouri X1=3.0 S=2 n₁ = 5 Gas Price/Gallon Iowa X2 = 3.2 S=3 n₂ =5 Illinois X3 = 3.5 S=1 n₂ =10
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