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LSAT Scores
a Recent College Graduate Is in the Process

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LSAT Scores
A recent college graduate is in the process of deciding which one of three Law schools he should apply to.He decides to judge the quality of the schools on the basis of the Law School Admission Test (LSAT)scores of those who are accepted into the school.A random sample of six students in each school produced the following LSAT scores.An F-test using ANOVA concluded that average LSAT scores differ for at least two of the schools.
 LSAT Scores  School 1  School 2  School 3 650510590620550510630700520580630500710600490690650530\begin{array}{l}\text { LSAT Scores }\\\begin{array} { c c c } \hline \text { School 1 } & \text { School 2 } & \text { School 3 } \\\hline 650 & 510 & 590 \\620 & 550 & 510 \\630 & 700 & 520 \\580 & 630 & 500 \\710 & 600 & 490 \\690 & 650 & 530 \\\hline\end{array}\end{array}
-{LSAT Scores Narrative} Use Fisher's LSD method with α\alpha = 0.05 to determine which school's means differ.


Definitions:

Behavioural Decision Making

The process of selecting a course of action among several alternatives based on the psychological and social dynamics of the individual or group involved.

Costly Litigation

The process of engaging in legal action that incurs high expenses, often impacting an organization's financial resources.

Implemented Decision

A decision that has been put into action within an organization or strategy.

Cost-Benefit Analysis

Cost-benefit analysis is a financial decision-making process in which the costs of taking an action are compared to the benefits that action will provide.

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