THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 49

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Random samples of eight freshmen,eight sophomores,and eight juniors taking a business statistics class were drawn.The accompanying table shows scores on the final examination.

-Set out the analysis of variance table.

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Definitions:

World Price

The global market price at which goods and services are bought and sold, reflecting the demand and supply in the international market.

Trade

The exchange of goods and services between parties, which can be within an economy or between countries.

Domestic Producers

Companies or individuals within a country that manufacture goods or provide services.

Domestic Consumers

Residents of a country who purchase goods and services for personal use within that same country.