BigShots, Inc Using $\alpha$ = 005, the Observed F Value Is _____________

question 43

Multiple Choice

BigShots, Inc.is a specialty e-tailer that operates 87 catalog websites on the Internet.Kevin Conn, Sales Director, feels that the style (color scheme, graphics, fonts, etc.) of a website may affect its sales.He chooses three levels of design style (neon, old world and sophisticated) and randomly assigns six catalog websites to each design style.Analysis of Kevin's data yielded the following ANOVA table. $$\begin{array} { | c | c | c | c | c | } \hline \text { Source of Variation } & \text { SS } & \text { df } & \text { MS } & F \\\hline \text { Between Groups } & 68102.33 & 2 & 34051.17 & \\\hline \text { Within Groups } & 29177.67 & 15 & 1945.178 & \\\hline \text { Total } & 97280 & 17 & & \\\hline\end{array}$$ Using $\alpha$ = 0.05, the observed F value is _____________.

• A)0.5022
• B)0.1333
• C)1.9911
• D)17.5100
• E)22.4567

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Definitions:

Financial Data

Financial data encompasses quantitative information about a business's financial position, performance, and cash flows, typically found in financial statements.

Sales On Account

Transactions where revenue is recorded when a sale is made but the cash is collected at a later date.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations by dividing current assets by current liabilities.

Financial Data

Information related to financial transactions, performance, and status of an entity.