Question

Is there a difference in the mean price for vitamins at the retail outlets provided ?...

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

Homework Answers

Answer #1

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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