A Company Has Three Branches, A, B, and C, Located

question 12

Multiple Choice

A company has three branches, A, B, and C, located in different cities. Management of the company needs to estimate the efficiency of the work of each branch. The study considers the profit of each branch per a month (in million dollars) during the last year. Suppose that the samples are independent and have normal distributions. Results of the study are represented below. ​ Carry out an ANOVA test and find the F and P values.

• A) , , , and P-value is between 0.025 and 0.05.
• B) , , , and P-value is between 0.05 and 0.10.
• C) , , , and P-value is between 0.01 and 0.025.
• D) , , , and P-value is less than 0.01.

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Definitions:

Positive Statement

An objective statement based on factual information that can be tested or verified rather than based on opinions or norms.

Inner-City Youth

Refers to young people living in the densely populated, central areas of large cities, often highlighting demographic, economic, or social distinctions.

Fallacy of Composition

The incorrect belief that what is true for the individual, or part, must necessarily be true for the group, or the whole.

Association

A group of individuals organized for a common purpose, having a formal structure and usually having voluntary membership.