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Exhibit 13

question 63

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Exhibit 13.7 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) .An incomplete ANOVA table are shown below. Exhibit 13.7 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) .An incomplete ANOVA table are shown below.   Refer to Exhibit 13.7.At the 5% significance level,the conclusion of the hypothesis test for factor A is: A) Do not reject the null hypothesis,cannot conclude the average amount spent differs by spending category B) Do not reject the null hypothesis,the average amount spent differs by spending category C) Reject the null hypothesis,cannot conclude the average amount spent differs by spending category D) Reject the null hypothesis,the average amount spent differs by spending category Refer to Exhibit 13.7.At the 5% significance level,the conclusion of the hypothesis test for factor A is:


Definitions:

Altered State

A condition of consciousness that is markedly different from the normal waking state, which can be induced by various methods such as meditation, drug use, or hypnosis.

Highly Suggestible

The state or quality of being easily influenced by suggestions or ideas, often leading to altered perceptions or behaviors.

Suprachiasmatic Nucleus (SCN)

A small region in the brain's hypothalamus responsible for controlling circadian rhythms through the regulation of sleep-wake cycles.

Melatonin

A hormone secreted by the pineal gland that regulates sleep patterns and circadian rhythms.

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