An Internet Service Provider Is Interested in Testing to See

question 111

Multiple Choice

An Internet service provider is interested in testing to see if there is a difference in the mean weekly connect time for users who come into the service through a dial-up line, DSL, or cable Internet. To test this, the ISP has selected random samples from each category of user and recorded the connect time during a week period. The following data were collected: Based upon these data and a significance level of 0.05, which of the following statements is true?

• A) The F-critical value for the test is 3.555
• B) The test statistic is approximately 43.9
• C) The null hypothesis should be rejected and conclude that the mean connect times for the three user categories are not all equal.
• D) All of the above are true.

---

Definitions:

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price over a specified period of time.

Price Controls

Government-imposed limits on the prices that can be charged for goods and services, often aimed at curbing inflation or protecting consumers.

Market Efficiency

A condition in which market prices fully reflect all available information, allowing for optimal allocation of resources without waste.

Non-price Factors

Elements that influence consumer decision making and market trends, such as product quality, brand loyalty, and consumer preferences, aside from the price.