A study has been conducted to determine whether the mean spending for recreational activities during the month of August differs for residents of three cities.Random samples of 30 people were selected from each city and their spending on recreation was recorded during August.The following output was generated using Excel:
Anova: Single Factor
SUMMARY 
ANOVA 
The Excel output shows that the null hypothesis of equal means should be rejected.Given this,perform the appropriate method for determining which population means are different.Conduct the test using an alpha = 0.05 level.
Definitions:
Conversion Ratio
The specific number of shares of stock that a holder can convert a convertible security into.
Market Conversion Value
The worth of a convertible security if it were to be converted into shares of the underlying stock, typically at the current market price of the shares.
Par Value
The nominal or face value of a bond, stock, or other financial instrument, serving as a reference point for its worth.
Current Market Price
The price at which an asset or security can currently be bought or sold in the market.
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