Is there a difference in the mean price for vitamins at the retail outlets provided ? Use alpha = .05.
Select one: a. Yes, the average ranges from $4.92 to $5.93 -- the range of means is very spread out. b. Yes, the sum of squared errors between stores is two times that within group - enough to reject the claim the means are equal. c. No, the F value is far less than F critical, thus we cannot reject the claim that the means are equal. d. No, the t-value comparing the difference of means is insufficiently different to reject the claim of equal means.
Additional Information:
Item | CVS | Kmart | Rite-Aid | Wegmans |
Caltrate +D (600mg/60 tablets) | 8.49 | 5.99 | 7.99 | 5.99 |
Centrum (130 tablets) | 9.49 | 9.47 | 9.89 | 7.97 |
Cod liver oil (100 gel tablets) | 2.66 | 2.59 | 1.99 | 2.69 |
Fish oil (1,000 mg, 60 tablets) | 6.19 | 4.99 | 4.99 | 5.99 |
Flintstones Children's (60 tablets) | 7.69 | 5.99 | 5.99 | 6.29 |
Folic acid (400 mcg/250 tablets) | 2.19 | 2.49 | 3.74 | 2.69 |
One-a-Day Maximum (100 tablets) | 8.99 | 7.49 | 6.99 | 6.99 |
One-a-Day Scooby (50 tablets) | 7.49 | 5.99 | 6.49 | 5.47 |
Poly-Vi-Sol (drops, 50 ml.) | 9.99 | 8.49 | 9.99 | 8.37 |
Vitamin B-12 (100 mcg/100tablets) | 3.59 | 1.99 | 1.99 | 1.79 |
Vitamin C (500 mg/100tablets) | 2.99 | 2.49 | 1.99 | 2.39 |
Vitamin E (200 IU/100tablets) | 4.69 | 3.49 | 2.99 | 3.29 |
Zinc (50 mg/100 tablets) | 2.66 | 2.59 | 3.99 | 2.79 |
We run a one-way ANOVA for the data and get the following output ...
One factor ANOVA | |||||
Mean | n | Std. Dev | |||
5.932 | 13 | 2.9112 | CVS | ||
4.927 | 13 | 2.5296 | Kmart | ||
5.309 | 13 | 2.8504 | Rite-Aid | ||
4.824 | 13 | 2.2945 | Wegmans | ||
5.248 | 52 | 2.6158 | Total | ||
ANOVA table | |||||
Source | SS | df | MS | F | p-value |
Treatment | 9.8016 | 3 | 3.26721 | 0.46 | .7099 |
Error | 339.1660 | 48 | 7.06596 | ||
Total | 348.9677 | 51 |
The p- value > 0.05. This also means the test statistic F is less than the critical F
Decision: Fail to reject Ho
Conclusion: There is no sufficient evidence that the means are different
You can mark option (c) as the answer.
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