The Test Scores for Selected Samples of Sociology Students Who

question 63

Essay

The test scores for selected samples of sociology students who took the course from three different instructors are shown below. $$\begin{array} { c c c } \text { Instructor A } & \text { Instructor B } & \text { Instructor C } \\83 & 90 & 85 \\60 & 55 & 90 \\80 & 84 & 90 \\85 & 91 & 95 \\71 & 85 & 80\end{array}$$ At α = .05, test to see if there is a significant difference among the averages of the three groups.
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Definitions:

Excess Supply

A situation where the quantity of a product offered for sale by producers exceeds the quantity that consumers are willing to buy at a given price.

Quantity Supplied

The total amount of a specific good or service that producers are willing and able to sell at a particular price over a given period of time.

Quantity Demanded

The specific amount of a product that consumers are willing and able to buy at a given price over a certain period of time.

Excess Supply

A situation where the quantity of a product or service provided by producers exceeds the quantity demanded by consumers.