Question: Suppose that a study was conducted to determine whether there is a difference in the mean income of families surroundingfour different parcels (A, B, C,
Suppose that a study was conducted to determine whether there is a difference in the mean income of families surroundingfour different parcels (A, B, C, and D). Based on the Excel output, we can conclude that not all population means in thehousehold income are equal among the four parcels. The analyst wants now to determine whether there is a significant difference in the mean household income betweenparcel B and parcel C. Use the following information to conduct the Fisher's LSD procedure.
Analysis of Variance
Source
DF
SS
MS
F-Value
Factor
3
420
140
21
Error
12
80
6.67
Total
15
500
Means
Factor
N
Mean
A
4
65.50
B
3
71.33
C
4
77.25
D
5
56.35
I.The value of the test statistic is:
II.What is your conclusion when testing about thedifference in the mean household income betweenparcel B and parcel C?
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