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TV News Viewing Habits
A statistician employed by a television rating service wanted to determine if there were differences in television viewing habits among three different cities in New York.She took a random sample of five adults in each of the cities and asked each to report the number of hours spent watching television in the previous week.The results are shown below.(Assume normal distributions with equal variances. )
-{TV News Viewing Habits Narrative} Set up the ANOVA Table.Use = 0.05 to determine the critical value.
Taxes
Compulsory financial charges or other levies imposed on an individual or a company by a governmental organization in order to fund various public expenditures.
Discretionary Income
Discretionary income is the amount of an individual's income that is left for spending, investing, or saving after taxes and personal necessities have been paid.
Disposable Income
The amount of money an individual or household has available for spending and saving after taxes have been deducted.
Net Income
The total earnings or profit of a business after subtracting all expenses, taxes, and costs.
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