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Samples Were Drawn from Three Populations n1=8,n2=5n _ { 1 } = 8 , n _ { 2 } = 5

question 3

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Samples were drawn from three populations. The sample sizes were n1=8,n2=5n _ { 1 } = 8 , n _ { 2 } = 5 , and n3=9n _ { 3 } = 9 . The sample means were xˉ1=1.61,xˉ2=2.09\bar { x } _ { 1 } = 1.61 , \bar { x } _ { 2 } = 2.09 , and xˉ3=1.50\bar { x } _ { 3 } = 1.50 . The sample standard deviations were s1=0.33,s2=0.25s _ { 1 } = 0.33 , s _ { 2 } = 0.25 , and s3=0.45s _ { 3 } = 0.45 . The grand mean is xˉ=1.674091\bar { x } = 1.674091 .
Can you conclude that two or more of the population means are different? Use the α=\alpha = of significance.


Definitions:

Strategic

Pertaining to the identification of long-term or overall aims and interests and the means of achieving them through careful planning and allocation of resources.

Financial

Pertaining to the management, creation, and study of money, banking, credit, investments, assets, and liabilities.

Strategic

Pertaining to the identification of long-term or overall aims and interests and the means of achieving them, often within a business or organizational context.

Horizontal Merger

The combination of two or more firms operating in the same industry or production stage to expand market share or reduce competition.

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