Business Statistics

1) We use ANOVA test to check the hypothesis that mean dollar sales on all days are equal. The delivered p-value is 0.000 which means that we can reject this hypothesis at 5% significance level. Descriptive statistics and result of ANOVA test are given below:To estimate and test the pairwise difference between sales on each day we use Tuckey’s post-hoc test. We observe that there is signific... read more

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