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A study was conducted to compare the monthly medical costs for individuals with certain chronic diseases....

A study was conducted to compare the monthly medical costs for individuals with certain chronic diseases. A random sample of 35 individuals was obtained for each of four common chronic diseases (diabetes, heart disease, cancer, and asthma).
The p-value of the appropriate test is 0.03. Which of the following is the correct conclusion?

Group of answer choices

The average monthly medical costs for these four chronic diseases are all significantly different from each other.

There are not significant differences between the average monthly medical costs for these four chronic diseases.

The average monthly medical costs for these four chronic disease is the same.

There are significant differences between the average monthly medical costs for these four chronic diseases.

math   Statistics-And-Probability   
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Answer #1

Answer:

There are significant differences between the average monthly medical costs for these four chronic diseases.

Explanation:

We know that the null hypothesis for the ANOVA is given as all means are same versus alternative hypothesis is given as at least two of the means are different. So, in context of this scenario, there are significant differences between the average monthly medical costs for these four chronic diseases.

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