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Rents for 1 Bedroom Apartments in Irvine A realtor wants to see if the mean rent is different among the websites that offer r
Rents for 1 Bedroom Apartments in Irvine A realtor wants to see if the mean rent is different among the websites that offer r
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Answer #1

Sol:

Ho:mu1=mu2=mu3

Ha:atleast one of the group means are different

df F Source Websites Error SS 2 34 MS 1251.975 1178004.768 P-value 0.982 0.018067478 625.9875 34647.19906 Total 3 6 1179256.7

Based on p value,the realtor decides that there is no strong evidence that the mean rent is different among web sites

At 2% critical F value is =F.INV.RT(0.02,2,34)=4.398746475

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