Instruction 11-4
a Hotel Chain Has Identically Sized Resorts in Five

question 134

Multiple Choice

Instruction 11-4
A hotel chain has identically sized resorts in five locations. The following data resulted from analysing the hotel guests on randomly selected days in the five locations.
$$\begin{array} { | l | l | l | l | l | l | } \hline \text { ROW } & \text { Caymen } & \text { Pennkapmp } & \text { California } & \text { Mayaguez } & \text { Maui } \\\hline 1 & 28 & 40 & 21 & 37 & 22 \\\hline 2 & 33 & 35 & 21 & 47 & 19 \\\hline 3 & 41 & 33 & 27 & 45 & 25 \\\hline\end{array}$$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\text { Analysis of Variance }$
$\begin{array} { | l | l | l | l | l | l | } \hline{ \text { Analysis of Variancs } } \\\hline \text { Source } &\text { d f }& \text {SS} & \text { MS } & \text { F }& \text { p }\\\hline \text { Location } & 4 & \mathbf { 9 6 3 . 6 } & & 11.47 & 0.001 \\\hline \text { Error } & 10 & \mathbf { 2 1 0 . 0 } & & & \\\hline \text { Total } & & & & & \\\hline\end{array}$
-Referring to Instruction 11-4,what should be the conclusion for the Levene's test for homogeneity of variances at a 5% level of significance?

• A) There is not sufficient evidence that the variances are not all the same.
• B) There is not sufficient evidence that the variances are all the same.
• C) There is sufficient evidence that the variances are not all the same.
• D) There is sufficient evidence that the variances are all the same.

---

Definitions:

Inflation Rate

The rate at which the general level of prices for goods and services rises, eroding purchasing power.

Currency Gain

Currency gain occurs when the value of one's foreign currency holdings increases due to exchange rate fluctuations, resulting in a higher value when converted.

Value

Value in finance refers to the monetary, material, or assessed worth of an asset, investment, or company.

Governments

are the organized systems of authority that regulate communities or societies and provide structure for political, economic, and social interactions.