MNM, Inc Has Three Stores Located in Three Different Areas

question 75

Essay

MNM, Inc. has three stores located in three different areas. Random samples of the daily sales of the three stores in $1,000) are shown below.
$$\begin{array} { c c c } \text { Store 1 } & \text { Store 2 } & \text { Store 3 } \\9 & 10 & 6 \\8 & 11 & 7 \\7 & 10 & 8 \\8 & 13 & 11\end{array}$$ At 95% confidence, test to see if there is a significant difference in the average sales of the three stores. Use both the critical and p-value approaches.

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Definitions:

Metric Unit

A standard unit of measure in the International System of Units (SI), used globally for scientific and standard measurements.

Micro-

A prefix denoting a factor of one millionth, or pertaining to small, often microscopic, phenomena.

Divided

Separated into parts or pieces; often referring to opinions, countries, or territories.

Amoxicillin

A broad-spectrum antibiotic used to treat various bacterial infections by inhibiting cell wall synthesis.