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 The p-value for the hypothesis test about factor B is ________.
A) less than 0.01
B) between 0.01 and 0.025
C) between 0.025 and 0.05
D) greater than 0.05

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  The p-value for the hypothesis test about factor B is ________.
A) less than 0.01 
B) between 0.01 and 0.025 
C) between 0.025 and 0.05 
D) greater than 0.05

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  The p-value for the hypothesis test about factor B is ________.
A) less than 0.01 
B) between 0.01 and 0.025 
C) between 0.025 and 0.05 
D) greater than 0.05

A Market Researcher Is Studying the Spending Habits of People