Question: For the House Selling Prices OR data file on the text CD, the output shows the result of conducting a two-way ANOVA of house selling

For the House Selling Prices OR data file on the text CD, the output shows the result of conducting a two-way ANOVA of house selling prices (in thousands) by the number of bedrooms in the house and the age (New, Medium, Old, Very Old€”see exercise 14.12) of the houses in Corvallis, Oregon.
a. For testing the main effect of age, report the F test statistic value, and show how it was formed from other values reported in the ANOVA table.
b. Report the P-value for the main effect test for age, and interpret.

DF Source Bedrooms Age Condition 3 243063 81021 8.03 0.000 Error Total MS 7 517868 68523 6.79 0.00 189 1907939 10095 199 2668870

Step by Step Solution

★★★★★

3.40 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a F 81021 10095 803 b The small Pvalue of 0000 provides str... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

531-M-S-V-A (1216).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

Using software with the House Selling Prices OR data file on the text CD, analyze y = selling price, x1 = house size, and x2 = lot size. a. Construct box plots for each variable and a scatterplot...

Use software with the House Selling Prices OR data file on the text CD to do residual analyses with the multiple regression model for y = house selling price (in thousands), x1 = lot size, and x2 =...

For the House Selling Prices OR data set, when we regress y = selling price (in thousands) on x1 = house size and x2= condition (1 = Good, 0 = Not Good), we get the results shown. Regression of...

For the House Selling Prices OR data file on the text CD, the output shows the result of conducting an ANOVA comparing mean house selling prices (in $1000) by Age Category ( New = 0 to 24 years old,...

14.26 House prices, age, and bedrooms For the House Selling Prices OR data file on the books website, the output shows the result of conducting a two-way ANOVA of house selling prices (in thousands)...

For the House Selling Prices OR data file on the books website, the output shows the result of conducting a two-way ANOVA of house selling prices (in thousands) by the number of bedrooms in the house...

The House Selling Prices FL data file on the text CD has several predictors of house selling prices. The table here shows the ANOVA table for a regression analysis of y = the selling price (in...

14.12 House prices and age For the House Selling Prices OR data file on the books website, the output shows the result of conducting an ANOVA comparing mean house selling prices (in $1000) by Age...

For the House Selling Prices OR data file on the books website, the output shows the result of conducting an ANOVA comparing mean house selling prices (in $1000) by Age Category (New = 0 to 24 years...

The House Selling Prices FL data file on the text CD lists selling prices of homes in Gainesville, Florida, in 2003 and some predictors for the selling price. For the response variable y = selling...

After the global financial crisis of 2008 , consider the role that the repeal of the US Glass-Steagall Act had on the creation of the crisis. Discuss the role that mortgage backed securities (MBSs),...

Who are the four key players in the world of advertising, and what are the responsibilities of each?

Consider the curve vec ( r ) ( t ) = ( : 6 , 4 t , t 3 : ) . Find the curvature function. Show all work.

A rigid, mass less rod has three particles with equal masses attached to it as shown in Figure P11.45. The rod is free to rotate in a vertical plane about a frictionless axle perpendicular to the rod...

Steady potential flow around a stationary sphere. 2 In Example 4.2-1 we worked through the creeping flow around a sphere. We now wish to consider the flow of an incompressible, inviscid fluid in...

Record the following transactions for Sandwich Co. in the general journal. 2010 May 1 Received a $7,500, 1-year, 10% note in exchange for Julia Gonzalezs outstanding accounts receivable. Dec. 31...

The data below apply to the formation of urea from ammonium cyanate, NH4CNO --7 NH2CONH2. Initially 22.9 g of ammonium cyanate was dissolved in enough water to prepare 1.00 dm3 of solution. Determine...

Coil Welding Corporation sells and services pipe welding equipment in California. The following selected accounts appear in the ledger of Coil Welding Corporation on February 1, 2010, the beginning...

What are the main differences between commercial and investment banks financial statements?

For the previous exercise, provide the proper interpretation. Previous exercise A random sample of 50 records yields a 95% confidence interval of 21.5 to 23.0 years for the mean age at first marriage...

Suppose a 95% confidence interval for the population proportion of students at your school who regularly drink alcohol is (0.61, 0.67). The inference is that you can be 95% confident that the sample...

True or false. The confidence interval for a mean with a random sample of size n = 2000 is invalid if the population distribution is bimodal.

Need help with statistics homework please !! 3. Determine ; and o; from the given parameters pulation and sample size. H = 78, G = 18, n=36 4. A simple random sample of size n = 49 is obtained from a...

Daddi Mac, Inc., doesnt face any taxes and has $285.60 million in assets, currently financed entirely with equity. Equity is worth $34 per share, and book value of equity is equal to market value of...

If the total value of the assets of the accounting entity is $4,350,000 and the total liabilities of the accounting entity are $1,235,000 the stockholders' equity in the accounting entity is?