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. At the 5% significance level, the critical value for the hypothesis test about factor B is ________.
A) 2.28
B) 2.92
C) 3.59
D) 4.51

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.  At the 5% significance level, the critical value for the hypothesis test about factor B is ________.
A) 2.28 
B) 2.92 
C) 3.59 
D) 4.51

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.  At the 5% significance level, the critical value for the hypothesis test about factor B is ________.
A) 2.28 
B) 2.92 
C) 3.59 
D) 4.51

A Market Researcher Is Studying the Spending Habits of People