Refer to the Following Partial ANOVA Results from Excel (Some

question 101

Multiple Choice

Refer to the following partial ANOVA results from Excel (some information is missing) . ANOVA Table $$\begin{array} { | l | c | c | c | c | } \hline \text { Source } & \text { SS } & d f & \text { MS } & F \\\hline \text { Treatment } & 44,757 & & 11,189 & \\\hline \text { Error } & 89,025 & 55 & 1,619 & \\\hline \text { Total } & 133,782 & 59 & & \\\hline\end{array}$$ The p-value for the F-test would be:

• A)much less than .05.
• B)slightly less than .05.
• C)slightly greater than .05.
• D)much greater than .05.F_calc = 11,189/1619 = 6.91, while F_.05 = 2.56 using df = (4, 50) in AppendixF.

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Definitions:

Equilibrium Quantity

The quantity of goods or services supplied and demanded at the equilibrium price, where market supply and demand are balanced.

Pepsi

A carbonated soft drink manufactured by PepsiCo, considered one of the most recognizable beverage brands worldwide.

Coke

A carbonated soft drink that has become a globally recognized brand, or alternatively, a fuel derived from coal.

Quantity Demanded

The amount of a product consumers are willing and able to purchase at a specific price.