For the information in the chart above, ≈F 1.21 . (a)Give the numerator degrees of freedom of this F statistic. (b)Give the denominator degrees of freedom of this F statistic. (c)Using the 0.05 level of significance, can the marketing managers conclude that the mean daily sales arising from at least one of the modes of advertisement differs from the others? Yes No
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
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