Consider the Following Calculations for a One-Way Analysis of Variance

question 62

Multiple Choice

Consider the following calculations for a one-way analysis of variance from a completely randomized design with 20 total observations.The response variable is sales in millions of dollars and four treatment levels represent the four regions that the company serves. MSE = 101.25 _overall = 39 ₁ = 33 ₂ = 43 ₃ = 49 ₄ = 31
Perform a pairwise comparison between treatment mean 3 and treatment mean 4 by computing a Tukey 90% simultaneous confidence interval.

• A)(1.71 34.29)
• B)(-2.25 38.25)
• C)(2.43 33.57)
• D)(2.16 33.84)

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Definitions:

Natural Resources

Natural resources are raw materials that are derived from the environment, such as minerals, forests, water, and fertile land, which can be used for economic gain.

Periodic Inventory System

An inventory system that updates inventory balance and cost of goods sold at the end of an accounting period, not continuously.

Economic Entity Assumption

An accounting principle that states a company and its owner(s) are separate entities for financial reporting purposes.

Expenses

Outflows or other uses of assets or incurrences of liabilities during a period from delivering goods, rendering services, or carrying out other activities.