Three Groups of Subjects Were Randomly Selected, Four Subjects in Each

question 30

Short Answer

Three groups of subjects were randomly selected, four subjects in each group. The SS between was 132.17, and the SS within was 19.50.
a. Calculate the F ratio
b. Should Ho be rejected ? If rejected, state the probability of a Type 1 error.

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Definitions:

Compounded

The process of generating earnings on an asset's reinvested earnings.

Quarterly Dividend

A dividend payment made to shareholders four times a year, each quarter.

Annually Compounded

Interest on an investment or loan calculated once a year and added to the principal sum for calculating future interest.

Quarterly Payment

Payments made every three months in a year, often used for loans, subscriptions, or service contracts.