Average annual energy bill

Reference no: EM131798980

Do energy bills vary dramatically depending on where you live in the United States? Suppose 25 households from four regions in the United States are sampled. The values for the average annual energy bill are shown below and are consistent with those found by The Department of Energy (Money, June 2009).

2176_Average annual energy bill.png

a. Complete the ANOVA table.

b. At the 1 % significance level, can we conclude that average annual energy bills vary by region?

c. If significant differences exist, use Tukey's method at the 1% significance level to determine which regions' means differ.

Reference no: EM131798980

Questions Cloud

Estimate the average useful life of each firm : Target Corporation operates as two reportable segments: Retail and Credit Card. Estimate the average useful life of each firm's long-lived assets

How should stores approach inventory planning : How should retailers plan the process of opening the doors and getting excited customers through checkout?

What type of leader would you want to be : Put yourself in the position of someone who is establishing an organization from the ground up. What type of leader would you want to be?

Compute the cash conversion cycle using information : Compute the cash conversion cycle using information from the previous three questions

Average annual energy bill : The values for the average annual energy bill are shown below and are consistent with those found by The Department of Energy (Money, June 2009).

What are the estimated cash disbursements in october : Ashland Corporation, a merchandising firm, is preparing its cash budget for October. What are the estimated cash disbursements in October

An enforceable contract between english and montgomery : Mirror Image Rule Norma English made an offer to purchase a house owned by Michael and Laurie Montgomery (Montgomery) for $272,000.

Data for a fiscal year : The accompanying table shows a portion of quarterly data on Nike's revenue for the fiscal years 2001 through 2010.

Calculate using the formula and financial calculator methods : A lender will carry the debt for eight more years at 9 percent interest

User Account

All Pages