A Market Researcher Is Studying the Spending Habits of People

question 11

Multiple Choice

A market researcher is studying the spending habits of people across age groups. The amount of money spent by each individual is classified by spending category (Dining out, Shopping, or Electronics) and generation (Gen-X, Gen-Y, Gen-Z, or Baby Boomers) . The data and an incomplete ANOVA table are shown below. For the analysis with an interaction between spending category and generation, the first hypothesis test to conduct should be about ________.

• A) the average spending across spending
• B) the interaction between spending and generation
• C) the average spending across generation
• D) both the average spending across spending and generation

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Definitions:

Apples

Edible fruits produced by an apple tree, commonly consumed worldwide, and used in a variety of culinary dishes.

Infinite Slope

This represents a vertical line in a graph, indicating a situation where a small change in one variable causes an infinitely large change in another variable.

Dome-Shaped

A physical description of a structure or object that has a rounded, upward-curving shape reminiscent of a dome.

Inversely Related

A relationship between two variables where one increases as the other decreases, or vice versa.