Step 1 of 2: Find the value of the test statistic to test for a difference among the average daily rental rates for the three rental car companies. Round your answer to two decimal places, if necessary.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
100%
The following table contains the results of a survey of daily rental rates of a mid-size car for three major rental car companies at three airport
locations on three different days during the year. Is there sufficient evidence to conclude that there is a significant difference among the average
daily rental rates for mid-size cars for the three rental car companies?
Daily Rental Rates of Mid-Size Cars ($)
New York
Chicago Miami
81.99
73.99
91.99 45.99
89.99
72.99
77.99
70.99
86.99 60.99
97.99 90.99
75.99
57.00
71.00
53.99
77.99
67.99
Hertz
Avis
National
83.99
89.99
77.99
75.86
45.10
48.98
80.00
56.00
56.00
Transcribed Image Text:The following table contains the results of a survey of daily rental rates of a mid-size car for three major rental car companies at three airport locations on three different days during the year. Is there sufficient evidence to conclude that there is a significant difference among the average daily rental rates for mid-size cars for the three rental car companies? Daily Rental Rates of Mid-Size Cars ($) New York Chicago Miami 81.99 73.99 91.99 45.99 89.99 72.99 77.99 70.99 86.99 60.99 97.99 90.99 75.99 57.00 71.00 53.99 77.99 67.99 Hertz Avis National 83.99 89.99 77.99 75.86 45.10 48.98 80.00 56.00 56.00
Source of Variation
Company
Location
Interaction
Within
Total
ANOVA
SS
df
MS
709.6404
2 354.8202
1631.7178
2 815.8589
1157.8336 4 289.4584
2379.7889 18
132.2105
5878.9807 26
Copy Data
Step 1 of 2: Find the value of the test statistic to test for a difference among the average daily rental rates for the three rental car companies.
Round your answer to two decimal places, if necessary.
Transcribed Image Text:Source of Variation Company Location Interaction Within Total ANOVA SS df MS 709.6404 2 354.8202 1631.7178 2 815.8589 1157.8336 4 289.4584 2379.7889 18 132.2105 5878.9807 26 Copy Data Step 1 of 2: Find the value of the test statistic to test for a difference among the average daily rental rates for the three rental car companies. Round your answer to two decimal places, if necessary.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman