A Hunting Supply Store Is Interested in Knowing Whether Three

question 28

Multiple Choice

A hunting supply store is interested in knowing whether three different brands of goose decoys are equally effective in attracting geese.Each goose decoy is randomly assigned to five hunters,and the order of each experiment is also randomized.An experiment consists of a hunter using one goose decoy and waiting fifteen minutes.Calculate
,
And the F-ratio.Can you reject
Using α = 0.05? The ANOVA table is listed below.

• A) = 4.467; =0.486;F-Ratio = 9.191;Yes,reject Using α = 0.05.
• B) = 4.467; =0.523;F-Ratio = 8.541;Yes,reject Using α = 0.05.
• C) = 2.978; =0.567;F-Ratio = 5.252;No,do not reject Using α = 0.05.
• D) = 4.467; =0.567;F-Ratio = 7.878;Yes,reject Using α = 0.05.
• E) = 2.978; =0.486;F-Ratio = 6.128;No,do not reject Using α = 0.05.

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Definitions:

Market Shares

The segment of the market in which a particular company or product holds dominance.

Competitive Spectrum

The range of competition in a market, varying from monopolies to perfect competition.

Cartel

An agreement among competing firms to control prices or exclude entry of a new competitor in the market, often to maximize their own profits at the expense of consumers.

Oligopolists

Firms or entities that are part of a market structure where a small number of companies or sellers dominate the supply of a particular product or service.