TABLE 11-5
A hotel chain has identically small sized resorts in 5 locations in different small islands.The data that follow resulted from analyzing the hotel occupancies on randomly selected days in the 5 locations. Analysis of Variance * or p

Question

TABLE 11-5
A hotel chain has identically small sized resorts in 5 locations in different small islands.The data that follow resulted from analyzing the hotel occupancies on randomly selected days in the 5 locations.  Analysis of Variance  * or p < 0.005,tabular value
-True or False: Referring to Table 11-5,if a level of significance of 0.05 is chosen,the decision made indicates that all 5 locations have different mean occupancy rates.

Quizplus · Accepted Answer

The decision about whether all 5 locations have different mean occupancy rates depends on the results of a statistical test, such as ANOVA. A significance level of 0.05 alone does not determine the outcome; it is used to compare against the p-value from the test to make a decision.

TABLE 11-5 A Hotel Chain Has Identically Small Sized Resorts in 5