A market researcher is studying the spending habits of people across age groups. The amount of money spent by each individual is classified by spending category (Dining out, Shopping, or Electronics) - Factor A, and generation (Gen-X, Gen-Y, Gen-Z, or Baby Boomers) - Factor B. An incomplete ANOVA table is shown below. Which of the following is the value of MSE?
A) 15,623
B) 79,930
C) 37,170
D) 1,321,831

Question

A market researcher is studying the spending habits of people across age groups. The amount of money spent by each individual is classified by spending category (Dining out, Shopping, or Electronics) - Factor A, and generation (Gen-X, Gen-Y, Gen-Z, or Baby Boomers) - Factor B. An incomplete ANOVA table is shown below.  Which of the following is the value of MSE?
A) 15,623 
B) 79,930 
C) 37,170 
D) 1,321,831

Quizplus · Accepted Answer

The Answer of A market researcher is studying the spending habits of people across age groups. The amount of money spent by each individual is classified by spending category (Dining out, Shopping, or Electronics) - Factor A, and generation (Gen-X, Gen-Y, Gen-Z, or Baby Boomers) - Factor B. An incomplete ANOVA table is shown below.  Which of the following is the value of MSE?
A) 15,623 
B) 79,930 
C) 37,170 
D) 1,321,831

A Market Researcher Is Studying the Spending Habits of People