Given Below Are the Analysis of Variance Results from a Minitab

question 20

Multiple Choice

Given below are the analysis of variance results from a Minitab display. Assume that you want to use a 0.05 significance level in testing the null hypothesis that the different samples come from populations with the same mean. Find the critical value.
$\begin{array} { l | r | r | r | c | c } \text { Source } & \boldsymbol { D F } & \boldsymbol { S S } & \boldsymbol { M S } & \boldsymbol { F } & \boldsymbol { p } \\\hline \text { Factor } & 3 & 30 & 10.00 & 1.6 & 0.264 \\\hline \text { Error } & 8 & 50 & 6.25 & & \\\hline \text { Total } & 11 & 80 & & &\end{array}$

• A) 4.07
• B) 8.85
• C) 7.59
• D) 1.6

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Definitions:

GDP

The Gross Domestic Product encompasses the entire monetary or market-based valuation of all finished outputs and services engendered within a country's boundaries over a fixed time period.

GDP Deflator

The GDP deflator is an economic metric that converts output measured at current prices into constant-dollar GDP, reflecting changes in the price level of all domestically produced goods and services in an economy.

Real GDP

The measure of a country's economic output adjusted for price changes and inflation, providing a more accurate reflection of an economy's size.

Per Capita GDP

The average economic output per person, calculated by dividing the country's Gross Domestic Product by its total population.