Exhibit 13

question 43

Multiple Choice

Exhibit 13.4 The ANOVA test performed for Exhibit 13.2 determined that not all mean commute times across the four cities are equal.However,it did not indicate which means differed.To find out which population means differ requires further analysis of the direction and the statistical significance of the difference between paired population means.Tukey 95% confidence intervals are shown below. Refer to Exhibit 13.4.Which of the following is the studentized range value with α = 0.05 for Tukey's HSD method?

• A)5.02
• B)3.58
• C)3.96
• D)4.64

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Definitions:

Prices

Prices are the amounts of money required to purchase goods or services, serving as a reflection of supply and demand dynamics in a market.

Opportunity Cost

The loss of what could have been earned from other possibilities when one path is taken.

College Degree

A college degree is an academic degree awarded by colleges or universities upon completion of a course of study demonstrating mastery in a specific field of study or professional practice.

Opportunity Cost

The economic disadvantage of forgoing the subsequent best option when a choice is being made.