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Using One-Factor ANOVA with 30 Observations We Find at α

question 23

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Using one-factor ANOVA with 30 observations we find at α = .05 that we cannot reject the null hypothesis of equal means. We increase the sample size from 30 observations to 60 observations and obtain the same value for the sample F-test statistic. Which is correct?


Definitions:

Operating Income

The profit earned from a firm's normal core business operations, excluding deductions of interest and taxes.

Fixed Costs

Expenses that do not change in proportion to the volume of goods or services a company produces.

Capacity

The maximum output or producing ability of a plant, machine, or company under normal or specific conditions.

Operating Profit

The earnings before interest and taxes (EBIT) generated from a company's core business operations.

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