Suppose a reporter wanted to study the average meal price fo

Suppose a reporter wanted to study the average meal price for restaurants located in Myrtle Beach, South Carolina. The reporter selected a sample of 8 seafood restaurants, 8 Italian restaurants, and 8 steakhouses. This dataset shows the prices obtained for the 24 restaurants sampled. Use = 0.05 to test whether there is a significant difference among the mean meal price for the three types of restaurant.

*Give your answers to two decimal places.*

1. What is the null hypothesis ?

2. What is MSTR?

3. What is MSE? *Give your answer to two decimal places.*

4. What is the value of the test statistic? *Give your answer to two decimal places.*

5. What is the p-value? *Give your answer to four decimal places.*

6. What is your conclusion using = 0.05?

7. State your conclusion in words a non-statistician could understand.

Solution

Sol)

Null hypothesis:  There is a nor significant difference among the mean meal price for the three types of restaurant.

Alternative hyp:  There is a significant difference among the mean meal price for the three types of restaurant.

Level :5%

From EXCEL

2) MSTR=208

3)MSE=298

4) F STATISTIC=7.3288

5) P value=0.003852

6) P < 0.05, we reject the Null hypothesis.

7) There is a significant difference among the mean meal price for the three types of restaurant