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Consider the following to answer the question(s) below:
To determine whether the tip left at the end of a meal is related to the size of the total bill at their restaurant, Chez Michelle, data were gathered for 10 customers. The data and summary statistics are shown below.
-In commenting on the increase in home foreclosures, a news reporter stated "there appears to be a strong correlation between home foreclosures and job loss of the head of household." Comment on this statement.
Single-Factor ANOVA
A statistical technique used to compare the means of three or more samples using variance analysis on a single independent variable.
Test Statistic
A calculated value used in statistical hypothesis testing to determine whether to reject the null hypothesis.
Squares
In statistics, refers to the process of squaring each difference between individual data points and the mean, used in the calculation of variance and standard deviation.
One-Way ANOVA
A statistical test that compares the means of three or more independent groups to determine if there is a statistically significant difference between them, based on one independent variable.
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