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You are an analyst for a small chain store and are told to check if any of the five stores are out send out your survey teams and gather the following data: Group Problem Data (Franchise Performance)

You are an analyst for a small chain store and are told to check if any of the five stores are out send out your survey teams and gather the following data: Group Problem Data (Franchise Performance)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 23PPS
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You are an analyst for a small chain store and are told to check if any of the five stores are outperforming the other stores. You send out your survey teams and gather the following data: Range Jan - Mar Apr - June Jul - Sep Oct - Dec Group Problem Data (Franchise Performance) Store 1 Store 2 3 3 2.4 4 6 2 3.8 7.1 Store 3 2.8 3.2 4.1 7.9 Store 4 3.1 2.9 5 7 Store 5 3.2 3 2 6.6 Perform the ANOVA test and explain to the group if any of the stores outperform the others. Explain how you arrived at your answer. Be sure to share how you arrived at the null and alternative hypotheses, any mistakes you made during the analysis, and discuss the results. Hint: Your p-value is 0.966.
Transcribed Image Text:You are an analyst for a small chain store and are told to check if any of the five stores are outperforming the other stores. You send out your survey teams and gather the following data: Range Jan - Mar Apr - June Jul - Sep Oct - Dec Group Problem Data (Franchise Performance) Store 1 Store 2 3 3 2.4 4 6 2 3.8 7.1 Store 3 2.8 3.2 4.1 7.9 Store 4 3.1 2.9 5 7 Store 5 3.2 3 2 6.6 Perform the ANOVA test and explain to the group if any of the stores outperform the others. Explain how you arrived at your answer. Be sure to share how you arrived at the null and alternative hypotheses, any mistakes you made during the analysis, and discuss the results. Hint: Your p-value is 0.966.
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