Preliminary Data Analyses Indicate That It Is Reasonable to Consider $\text { Use } \alpha = 0.01$

question 36

Essay

Preliminary data analyses indicate that it is reasonable to consider the assumptions for one-way ANOVA satisfied. UseMinitab to perform the required hypothesis test using the p-value approach.
-A consumer magazine wants to compare the lifetimes of ballpoint pens of three different types. The magazine takes a random sample of pens of each type in the following table. Do the data indicate that there is a difference in mean lifetime for the three brands of ballpoint pens? Us $\text { Use } \alpha = 0.01$

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Definitions:

Shareholders

Individuals or entities who own one or more shares of stock in a corporation, making them partial owners of the company.

Dissolution

The process of legally dissolving or ending an entity, such as a corporation or partnership.

Debenture

A type of debt instrument that is not secured by physical assets or collateral but is backed by the general creditworthiness and reputation of the issuer.

Creditor/Debtor

A relationship where one party (the creditor) lends money or extends credit, and the other party (the debtor) owes the money.