The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals who are in marketing. Three groups are considered: management, research and advertising (higher scores indicate higher ethical values). Marketing Managers Marketing Research Advertising 4 9 8 3 9 9 2 8 8 3 8 7 4 9 8 2 8 8 Compute the values identified below (to 1 decimal, if necessary). Sum of Squares, Treatment Sum of Squares, Error Mean Squares, Treatment Mean Squares, Error Use = .05 to test for a significant difference in perception among the three groups. Calculate the value of the test statistic (to 2 decimals). The p-value is What is your conclusion? Using = .05, determine where differences between the mean perception scores occur. Calculate Fisher's LSD value (to 2 decimals). Test whether there is a significant difference between the means for marketing managers (1), marketing research specialists (2), and advertising specialists (3). Difference Absolute Value Conclusion 1 - 2 1 - 3 2 - 3
We can use one way ANOVA in Excel to calculated the value of unknown variable.
Anova: Single Factor | ||||||
SUMMARY | ||||||
Groups | Count | Sum | Average | Variance | ||
Management | 6 | 18 | 3 | 0.8 | ||
Research | 6 | 51 | 8.5 | 0.3 | ||
Advertising | 6 | 48 | 8 | 0.4 | ||
ANOVA | ||||||
Source of Variation | SS | df | MS | F | P-value | F crit |
Between Groups | 111 | 2 | 55.5 | 111 | 1.02E-09 | 3.68232 |
Within Groups | 7.5 | 15 | 0.5 | |||
Total | 118.5 | 17 |
The p-value is less than 0.05, reject the null hypothesis and concluded that there is a mean difference for marketing.
Test whether there is a significant difference between the means for two variables
If |ybar1-ybar2| >= LSD then you can reject the null hypothesis that the means are the same
Difference | Absolute Value | LSD value | Conclusion |
M-R | 5.5 | 0.8701 | Reject |
M-A | 5 | 0.8701 | Reject |
R-A | 0.5 | 0.8701 | Accept |
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