The price drivers pay for gasoline often varies a great deal across regions thro

Question

The price drivers pay for gasoline often varies a great deal across regions throughout the United States. The following data show the price per gallon for regular gasoline for a random sample of gasoline service stations for three major brands of gasoline (Shell, BP, and Marathon) located in eleven metropolitan areas across the upper Midwest region (OhioGasPrices.com website, March 18, 2012).

Click on the datafile logo to reference the data.

Use  = .05 to test for any significant difference in the mean price of gasoline for the three brands. Round SS to 6 decimals, MS to 6 decimals, F to 2 decimals and p to 3 decimals, if necessary.

Source DF SS MS F p Metropolitan Area Brand Error Total

Explanation / Answer

applying two way ANOVA on above data:

Source of Variation df SS MS F P-value area 10 0.108024 0.010802 8.39 0.000 brand 2 0.016927 0.008464 6.58 0.006 Error 20 0.025739 0.001287 Total 32 0.150691

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.