Calculate the ratio of the sample standard deviation, Applied Statistics

Assignment Help:

The Case Study included information about the price for a full meal before and after the law change (in dollars).  Of interest is whether the differences in price for a full meal before and after the law change (Price2 - Price1) differed, on average, between the four fast-food restaurant chains in New Jersey.  

(a)  Using PASW (SPSS) get the data directly from Cecil.  In the window that appears select Save.  Click OK and when prompted save the file to a relevant folder. 

Notes: 

(i) The window that opens may be hidden behind your browser. 

(ii) The data should open in PASW (SPSS). 

(b)  Using PASW (SPSS), draw the appropriate box plot(s) for this data set.  (You should consider the design of this study to ensure the relevant plot(s) is drawn.)  Comment on any features in the plot(s) in terms of the original story.

(c) Perform an F-test on these data.  Refer to your Lecture Workbook, Section E, PASW (SPSS)

 [Note: Ensure that you complete Step 1 through to Step 4.] 

(d) State the assumptions of the F-test in terms of the original story. 

(e) Calculate the ratio of the sample standard deviation of the most variable fast-food restaurant chain to the sample standard deviation of the least variable fast-food restaurant chain.

(f) Comment on the validity of the F-test by briefly discussing each assumption.

(g) Assume that an F-test is an appropriate test to use here.  (Note: It may not be.)

(i) State the null hypothesis for the test, both in words and using symbols. 

(ii)  State the alternative hypothesis for the test in words. 

(iii)  What does the result of the F-test tell you about the mean difference in price for a full meal for the 4 fast-food restaurant chains?  Explain your answer in 1 or 2 sentences. 

(h) Assuming the Tukey's pairwise comparisons are valid:

 (i) Is there a difference between the underlying mean difference in price for a full meal for Burger King fast-food restaurants in New Jersey and that for Wendy's fast-food restaurants in New Jersey?  Interpret your results, including the 95% confidence interval.

(ii)  Between which pair (or pairs) of chains were there significant differences (at the 5% level) in the mean difference in price for a full meal?

(iii)  Are we able to determine which single chain has the greatest underlying mean difference in price for a full meal?  If so, name the chain.


Related Discussions:- Calculate the ratio of the sample standard deviation

Quartiles, Related Positional Measures Besides median, there are other ...

Related Positional Measures Besides median, there are other measures which divide a series into equal parts. Important amongst these are quartiles, deciles and percentiles.

Correlation - cause and effect, Cause and Effect Even a highly signifi...

Cause and Effect Even a highly significant correlation does not necessarily mean that a cause and effect relationship exists between the two variables. Thus, correlation does

Regression, Regression line drawn as Y=C+1075x, when x was 2, and y was 239...

Regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual

Median for ungrouped data, If the data set contains an odd number of items,...

If the data set contains an odd number of items, the middle item of the array is the median. If there is an even number of items, the median is the average of the two items. If the

Time series, what is the use of applied statistic in our daily routin life

what is the use of applied statistic in our daily routin life

Advantages of mode, Advantages By definition, mode is the most typic...

Advantages By definition, mode is the most typical or representative value of a distribution. Hence, when we talk of modal wage, modal size of shoe or modal size of family i

Standard deviation for grouped data, Grouped data  For ...

Grouped data  For grouped data, the formula applied is  σ = Where f = frequency of the variable, μ= population mea

Determine the closed loop speed transfer function, In the case of permanent...

In the case of permanent magnet DC motor whose stator consists of a permanent magnet we can take the field current to be constant (i.e. a constant magnetic field) and it can be sho

Explain ridge regression, Using log(x1), log(x2) and log(x3) as the predict...

Using log(x1), log(x2) and log(x3) as the predictors, do pair wise scatterplots of all pairs of variables (including the response) and comment (use the pairs function). Do you thin

Statistics assignment, To compare three brands of computer keyboards, four ...

To compare three brands of computer keyboards, four data entry specialists were randomly selected. Each specialist used all three keyboards to enter the same kind of text material

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd