Guitars R US Has Three Stores Located in Three Different Areas

question 26

Essay

Guitars R. US has three stores located in three different areas. Random samples of the sales of the three stores (in $1000) are shown below.

a.Compute the overall mean.
b.State the null and alternative hypotheses to be tested.
c.Show the complete ANOVA table for this test including the test statistic.
d.The null hypothesis is to be tested at 95% confidence. Determine the critical value for this test. What do you conclude?
e.
Determine the p-value and use it for the test.

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Definitions:

Environmental Factors

Elements or conditions in the surrounding environment that impact the functioning and behavior of individuals, organizations, or systems.

Aligning People

The process of ensuring that everyone in an organization understands its goals and strategies and works in harmony to achieve them.

Henri Fayol

A French engineer and management theorist known for developing one of the earliest theories of management.

Organizing

The act of arranging or structuring elements in a systematic way to achieve objectives and maintain order.