The annual dividend rates for a random sample of 16 companies in three different industries,
Utilities, banking, and insurance were recorded. The ANOVA comparing the mean annual dividend
Rate among three industries rejected the null hypothesis that the dividend rates were equal. The
Mean Square Error (MSE) was 3.36. The following table summarized the results:
Based on the comparison between the mean annual dividend rate for companies in utilities and
Banking, the 95% confidence interval shows an interval of 1.28 to 6.28 for the difference. This result
Indicates that _____________________.
A) there is no significant difference between the two rates
B) the interval contains a difference of 5.00
C) the annual dividend rate in the utilities industry is significantly less than the annual dividend rate in the banking industry
D) the annual dividend rate in the banking industry is significantly less than the annual dividend rate in the utilities industry
Correct Answer:
Verified
Q81: The components of an ANOVA table include:
A)
Q93: i. If we want to determine which
Q94: A manufacturer of automobile transmissions uses three
Q95: The annual dividend rates for a random
Q96: Given the following Analysis of Variance table
Q97: Given the following Analysis of Variance table
Q99: Given the following Analysis of Variance table
Q100: In a study of low tar cigarettes,
Q101: An ANOVA comparing the waiting times for
Q103: An ANOVA showed the following comparison of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents