The Following Table Shows the Weekly Total Sales (In Dollars)

question 89

Multiple Choice

The following table shows the weekly total sales (in dollars) at a small roadside vegetable stand for the months June through September.
$\begin{array}{ccccc}\hline \text { Month } &{\text { Weekly Sales }} \\\hline \text { June } & 1132 & 791 & 1006 & 990 \\\text { July } & 1060 & 1069 & 1007 & 1093 \\\text { August } & 1181 & 1143 & 1248 & 1223 \\\text { September } & 841 & 855 & 957 & 943 \\\hline\end{array}$

Perform a Tukey-Kramer test to determine which pairs of means, if any, differ. Use the $\alpha$ level of significance.

• A) \(\mu _ { \mathrm { Aug } } \neq \mu _ { \text {Sept } }\)
• B) \(\mu _ { \text {June } } \neq \mu _ { \text {Aug } } \mu _ { \text {Aug } } \neq \mu _ { \text {Sept } }\)
• C) \(\mu _ { \text {July } } \neq \mu _ { \text {Aug } }\)
• D) There is not enough evidence to conclude that any of the means differ.

---

Definitions:

Payoff Table

A decision-making tool that outlines the possible outcomes and their respective returns or losses for different actions or decisions under consideration.

Sample Information

Data or facts obtained from a subset of a larger population, used for the purpose of statistical analysis or estimation of parameters of the entire population.

Expected Monetary Value

A statistical technique used in decision-making to calculate the average outcome when the future includes scenarios that may or may not happen.

Expected Payoff

Expected Payoff is a term often used in economics and finance to describe the average outcome of a set of uncertain events, considering each possible outcome and its probability.