QMS 202 Study Guide - Final Guide: Confidence Interval, Upper And Lower Bounds, Harmonic Mean
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Anova f-test was used to analyze the difference between the group means of toronto, Anova test is used to analyze differences among more than two group means. For anova three assumptions are made, first the populations are normally distributed, second that all the population groups are independent of each other and lastly that the population groups have equal standard deviation. Let be the population mean of residential property prices in toronto. Let be the population mean of residential property prices in new york. Let be the population mean of residential property prices in vancouver. Since p value is greater than level of significance do not reject ho. There is not enough evidence to conclude that there is a difference in the residential property prices in toronto, new york and vancouver. Pooled variance test (on) was used to determine if there significant difference in lot sizes in. Toronto and vancouver, as population are normally distributed.