Given Below Are the Analysis of Variance Results from a Minitab

question 70

Multiple Choice

Given below are the analysis of variance results from a Minitab display. 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. $\begin{array}{l|r|r|c|c|c}\text { Source } & \text { DF } & S S & M S & F & p \\\hline \text { Factor } & 3 & 30 & 10.00 & 1.6 & 0.264 \\\hline \text { Error } & 8 & 50 & 6.25 & & \\\hline \text { Total } & 11 & 80 & & &\end{array}$

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

---

Definitions:

Selling and Administrative Expenses

Costs related to the selling of products and the general administration of a business.

Differential Income

The difference in income between two alternative decisions or scenarios, used in managerial decision-making to determine the better financial option.

Variable Cost

Expenses that change in proportion to the amount of goods produced or the volume of sales.

Differential Analysis

A financial technique used to compare the costs and benefits of alternative business decisions.