Table 1 Pricing
Cookies |
Walmart |
Target |
Publix |
Double stuffed |
4.58 |
2.99 |
5.09 |
Mint |
3.56 |
2.99 |
4.99 |
Golden |
3.56 |
2.99 |
3.75 |
Coconut |
2.00 |
2.69 |
3.29 |
Fudge strips |
3.00 |
2.69 |
2.95 |
Rainbows |
3.56 |
2.69 |
3.29 |
1)Calculations for hypotheses test Anova
Pricing | |||||||||||
Cookies | Walmart | Target | Publix | Anova: Two-Factor Without Replication | |||||||
Double stuffed | 4.58 | 2.99 | 5.09 | ||||||||
Mint | 3.56 | 2.99 | 4.99 | SUMMARY | Count | Sum | Average | Variance | |||
Golden | 3.56 | 2.99 | 3.75 | Double stuffed | 3 | 12.66 | 4.22 | 1.1997 | |||
Coconut | 2 | 2.69 | 3.29 | Mint | 3 | 11.54 | 3.846666667 | 1.06163333 | |||
Fudge strips | 3 | 2.69 | 2.95 | Golden | 3 | 10.3 | 3.433333333 | 0.15643333 | |||
Rainbows | 3.56 | 2.69 | 3.29 | Coconut | 3 | 7.98 | 2.66 | 0.4167 | |||
Fudge strips | 3 | 8.64 | 2.88 | 0.0277 | |||||||
Rainbows | 3 | 9.54 | 3.18 | 0.1983 | |||||||
Walmart | 6 | 20.26 | 3.376666667 | 0.71718667 | |||||||
Target | 6 | 17.04 | 2.84 | 0.027 | |||||||
Publix | 6 | 23.36 | 3.893333333 | 0.85462667 | |||||||
ANOVA | |||||||||||
Source of Variation | SS | df | MS | F | P-value | F crit | |||||
Cookies | 5.202067 | 5 | 1.040413333 | 3.72640879 | 0.036454528 | 3.325835 | |||||
Pricing | 3.328933 | 2 | 1.664466667 | 5.96155683 | 0.019746441 | 4.102821 | |||||
Error | 2.792 | 10 | 0.2792 | ||||||||
Total | 11.323 | 17 |
Since p-value for Pricing= 0.019746441<0.05 so three level of Pricing are significantly different from each others.
Since p-value for Cookies=0.036454528<0.05 so six cookies are significantly different from each others.
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