Use the Following to Answer Questions

question 4

Short Answer

Use the following to answer questions :
The table shown below gives information on a variable for three samples selected from three normally distributed populations with equal variances.
By using ANOVA,we wish to test the null hypothesis that the means of the three corresponding populations are equal.The significance level is 1%.
-The degrees of freedom for the numerator of the F distribution are:

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Definitions:

Balance of Payments Deficit

A situation where a country's total international payments exceed its total international receipts over a specified period, indicating more money flowing out than coming in.

Flexible Exchange Rates

A currency system where the value of a currency is allowed to fluctuate according to the foreign exchange market.

Trade Deficit

The amount by which a nation’s imports of goods (or goods and services) exceed its exports of goods (or goods and services).

Purchasing-Power-Parity Theory

The idea that if countries have flexible exchange rates (rather than fixed exchange rates), the exchange rates between national currencies will adjust to equate the purchasing power of various currencies. In particular, the exchange rate between any two national currencies will adjust to reflect the price-level differences between the two countries.