Applebee's International, Inc., is a U.S. company that develops, franchises, and operates the Applebee's Neighborhood Grill and Bar restaurant chain. It is the largest chain of casual dining restaurants in the country, with over 1,500 restaurants across the United States. The headquarters is located in Overland Park, Kansas. The company is interested in determining if mean weekly revenue differs among three restaurants in a particular city. The file entitled Applebees contains revenue data for a sample of weeks for each of the three locations. Based on the data gathered by Applebee's, can it be concluded that there is a difference in the average revenue among the three restaurants?
A) The p-value = 0.004 < alpha = 0.05. This indicates that we should not reject the null hypothesis and conclude that there is not a difference in the average revenue among the three restaurants.
B) The p-value = 0.004 < alpha = 0.05. This indicates that we should reject the null hypothesis and conclude that there exists a difference in the average revenue among the three restaurants.
C) The p-value = 0.084 > alpha = 0.05. This indicates that we should not reject the null hypothesis and conclude that there is not a difference in the average revenue among the three restaurants.
D) The p-value = 0.084 > alpha = 0.05. This indicates that we should reject the null hypothesis and conclude that there exists a difference in the average revenue among the three restaurants.
Correct Answer:
Verified
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