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MNM, Inc Has Three Stores Located in Three Different Areas

question 72

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MNM, Inc. has three stores located in three different areas. Random samples of the daily sales of the three stores (in $1,000s) are shown below.  Store 1  Store 2  Store 3 91068117710881311\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 a 5% level of significance, test to see if there is a significant difference in the average sales of the three stores.


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Background

A set of circumstances or facts that surround a particular event or situation.

Group Membership

The state of being part of a collective or organization with shared interests or goals, emphasizing belonging and identity.

Homogamy

The practice or tendency for individuals to marry others who share similar characteristics, such as socio-economic status, values, or ethnicity.

Open System

A social system with ample opportunities to move from one class to another.

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