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TABLE 11-8
A hotel chain has identically sized resorts in 5 locations. The data that follow resulted from analyzing the hotel occupancies on randomly selected days in the 5 locations.
-Referring to Table 11-8, what should be the decision for the Levene's test for homogeneity of variances at a 5% level of significance?
Approximately Normal
Describes a distribution that closely follows a normal distribution, often used as an assumption in statistical tests.
P-value
The probability of obtaining test results at least as extreme as the ones observed during the study, assuming that the null hypothesis is correct.
Graduate Students
Individuals engaged in advanced academic studies beyond the undergraduate level, typically leading to a master's or doctoral degree.
Undergraduate Students
Students pursuing their first cycle of higher education, typically leading to a bachelor's degree.
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