Answered: The price drivers pay for gasoline…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Question

Transcribed Image Text:The price drivers pay for gasoline often varies a great deal across regions throughout the United States. The following data show the price per gallon for regular gasoline for a random sample of gasoline service stations for three major brands of gasoline (Shell, BP, and Marathon) located in eleven metropolitan areas across the upper Midwest region (OhioGasPrices.com website, March 18, 2012). Click on the datafile logo to reference the data. DATA file Shell BP Metropolitan Area Marathon Akron, Ohio Cincinnati, Ohio Cleveland, Ohio Columbus, Ohio Ft. Wayne, Indiana Indianapolis, Indiana Lansing, Michigan Lexington, Kentucky Louisville, Kentucky Muncie, Indiana Toledo, Ohio 3.77 3.72 3.87 3.76 3.78 3.87 3.89 3.79 3.83 3.83 3.85 3.77 3.83 3.85 3.93 3.84 3.84 4.04 3.87 3.87 3.99 3.79 3.78 3.81 3.69 3.78 3.84 3.84 3.83 3.79 3.79 3.86 3.86 Use a = .05 to test for any significant difference in the mean price of gasoline for the three brands. Round SS to 6 decimals, MS to 6 decimals, F to 2 decimals and p to 3 decimals, if necessary. If your answer is zero, enter "0". DF Source MS Metropolitan Area Brand Error Total The p-value is Select your answer - What is your conclusion? - Select your answer -

Expert Solution