Essentials of Modern Business Statistics with Microsoft Office Excel (Book Only)
Essentials of Modern Business Statistics with Microsoft Office Excel (Book Only)
7th Edition
ISBN: 9781337298353
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
Publisher: South-Western College Pub
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Suppose an experiment was conducted to compare the mileage(km) per litre obtained by competing brands of petrol I,II,III. Three new Mazda, three new Toyota and three new Nissan cars were available for experimentation. During the experiment the cars would operate under same conditions in order to eliminate the effect of external variables on the distance travelled per litre on the assigned brand of petrol. The data is given as below: Brands of Petrol Mazda Toyota Nissan I 10.6 12.0 11.0 II 9.0 15.0 12.0 III 12.0 17.4 13.0 (a) Test at the 5% level of significance whether there are signi cant differences among the brands of fuels and also among the cars. [10] (b) Compute the standard error for comparing any two fuel brands means. Hence compare, at the 5% level of significance, each of fuel brands II, and III with the standard fuel brand I. [10]
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What would you say about a set of quantitative bivariate data whose linear correlation is -1? What would a scatter diagram of the data look like? (5 points)
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