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Six Observations Were Selected from Each of Three Populations Test at the α = 0

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Essay

Six observations were selected from each of three populations. The data obtained is shown below.
 Sample 1 Sample 2 Sample 3313737283231343432322439263230293335\begin{array}{lll}\text { Sample } 1&\text { Sample } 2&\text { Sample } 3\\31 & 37 & 37 \\28 & 32 & 31 \\34 & 34 & 32 \\32 & 24 & 39 \\26 & 32 & 30 \\29 & 33 & 35\end{array} Test at the α = 0.05 level to determine if there is a significant difference in the means of the three populations. Use both the critical value and the p-value approaches.


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Securities and Exchange Commission (SEC)

A U.S. government agency that oversees securities transactions, activities of financial professionals, and the stock market to protect investors.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, culminating in net income or loss.

Liabilities

Financial obligations or debts owed by a company to external parties, which must be settled over time through the transfer of economic benefits.

Assets

Resources owned by a company that have economic value and can be measured and expressed in monetary terms.

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