Jointsoft is a great over-the-counter arthritis medication, but who will ever know about it? Unfortunately, many people with arthritis tend to be elderly and rather immobile, so advertisers of arthritis medications face limitations in ways to get their messages across. Marketing managers for Jointsoft are investigating several modes of advertisement in several small communities (with a different mode of advertisement being investigated in each community). The marketing managers have selected a collection of days at random and are looking at the daily Jointsoft sales (in dollars) in each of the communities on each of these days. Suppose that the marketing managers perform a one-way, independent-samples ANOVA test to decide if there are differences in the mean daily sales arising from the four modes of advertisement. (Thus, they're assuming that the only difference among the four communities is the mode of advertisement used in it.) e)Using the 0.01 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 that of the others?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
Jointsoft is a great over-the-counter arthritis medication, but who will ever know about it?
Unfortunately, many people with arthritis tend to be elderly and rather immobile, so advertisers of arthritis medications face limitations in ways to get their messages across. Marketing managers for Jointsoft are investigating several modes of advertisement in several small communities (with a different
Suppose that the marketing managers perform a one-way, independent-samples ANOVA test to decide if there are differences in the mean daily sales arising from the four modes of advertisement. (Thus, they're assuming that the only difference among the four communities is the mode of advertisement used in it.)
e)Using the
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 that of the others?
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