Solutions Statistics

A retailer conducted a study to determine whether daily sales in its store are affected by the numbe

Question: A retailer conducted a study to determine whether daily sales in its store are affected by the number of competitors in a 2 km radius and the location of the store. Use α = 0.03 in all cases. Use p-values in all tests

Number of Competitors
Location 0 1 2 3 or more
Stand-Alone 41 38 59 47
30 31 48 40
45 39 51 39
Mall 25 29 44 43
31 35 48 42
22 30 50 53
Downtown 18 22 29 24
29 17 28 27
33 25 26 32

a) (2) Using EXCEL, perform the ANOVA test. ATTACH A COPY OF THE OUTPUT.

b) (5) Do location and the number of nearby competitors interact? Test. Use p-values

c) (5) Is location type significant? Test. Use p-values

d) (5) Is the number of nearby competitors significant? Test. Use p-values

Price: $2.99
Solution: The answer consists of 4 pages
Deliverable: Word Document


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