See Image A stock analyst wants to determine whether there is a difference in the mean rate of return for 3 types of stock (utility, retail, banking). Using the 0.05 level of significance; What is the critical value? What is the test statistic? Can the analyst conclude there is a difference between the mean rates of return for utility & retail stocks? For utility & banking stocks? For banking and retail stocks? (negative value should be indicated by a minus sign) SourceDFSSMSFactor81.1140.5615.610.000Error1436.372.60Total16117.48S = 1.612R-Sq = 69.04%R-Sq (adj) = 64.62%LevelUtility Stocks 5Retail StocksBanking Stocks 6MeanStDev16.5201.61111.49215.5470.3782.2496.Utility Stocks subtracted from:Upper-7.121 -5.028 -2.935Lower CenterRetail StocksBanking Stocks -3.066 -0.9721.121-------+-Retail StocksBanking Stocks-------)(-----*-----)--------7.0-3.50.03.5Retail stocks subtracted from:Lower Center Upper4.056 6.051Banking Stocks 2.060Banking Stocks(-----+----)-7.0-3.50.03.5

Name: See Image A stock analyst wants to determine whether there is a differ
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Description: See Image A stock analyst wants to determine whether there is a difference in the mean rate of return for 3 types of stock (utility, retail, banking). Using the 0.05 level of significance; What is the critical value? What is the test statistic? Can t

State the hypotheses. That is, there is no evidence to conclude that there is a difference in the…

Answered: Source DF SS MS Factor 81.11 40.56…

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A stock analyst wants to determine whether there is a difference in the mean rate of return for 3 types of stock (utility, retail, banking). Using the 0.05 level of significance;

What is the critical value?
What is the test statistic?
Can the analyst conclude there is a difference between the mean rates of return for utility & retail stocks? For utility & banking stocks? For banking and retail stocks? (negative value should be indicated by a minus sign)

Source
DF
SS
MS
Factor
81.11
40.56
15.61
0.000
Error
14
36.37
2.60
Total
16
117.48
S = 1.612
R-Sq = 69.04%
R-Sq (adj) = 64.62%
Level
Utility Stocks 5
Retail Stocks
Banking Stocks 6
Mean
StDev
16.520
1.611
11.492
15.547
0.378
2.249
6.
Utility Stocks subtracted from:
Upper
-7.121 -5.028 -2.935
Lower Center
Retail Stocks
Banking Stocks -3.066 -0.972
1.121
-------+-
Retail Stocks
Banking Stocks
-------)
(-----*-----)
-------
-7.0
-3.5
0.0
3.5
Retail stocks subtracted from:
Lower Center Upper
4.056 6.051
Banking Stocks 2.060
Banking Stocks
(-----+----)
-7.0
-3.5
0.0
3.5

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