Question

In: Statistics and Probability

M14 #16: A random sample of companies in electric utilities (I), financial services (II), and food...

M14 #16: A random sample of companies in electric utilities (I), financial services (II), and food processing (III) gave the following information regarding annual profits per employee (units in thousands of dollars).

I II III
49.4 55.4 39.0
43.7 25.0 37.5
32.5 41.5 10.5
27.6 29.7 32.9
38.3 39.3 15.6
36.7 42.3
20.2

A)  Find SSTOT, SSBET, and SSW and check that SSTOT = SSBET + SSW. (Use 3 decimal places.)

B) Find d.f.BET, d.f.W, MSBET, and MSW. (Use 4 decimal places for MSBET, and MSW.)

C) Find the value of the sample F statistic. (Use 2 decimal places.)

Solutions

Expert Solution

I II III
count, ni = 7 5 6
mean , x̅ i = 35.48571429 38.18 29.63
std. dev., si = 9.79139564 11.7731474 13.29476087
sample variances, si^2 = 95.87142857 138.607 176.7506667
total sum 248.4 190.9 177.8 617.1 (grand sum)
grand mean , x̅̅ = Σni*x̅i/Σni =   34.28
square of deviation of sample mean from grand mean,( x̅ - x̅̅)² 1.445719955 15.18 21.6225
TOTAL
SS(between)= SSB = Σn( x̅ - x̅̅)² = 10.12003968 75.92 129.735 215.7751
SS(within ) = SSW = Σ(n-1)s² = 575.2285714 554.43 883.7533333 2013.41

A)

SSbet = 215.775

SSW=2013.410

SST=Σ( x - x̅̅ )² =    2019.178

SSBET + SSW   = 215.775 + 2013.410 = 2019.178

B)

no. of treatment , k =   3
df between = k-1 =    2
N = Σn =   18
df within = N-k =   15
  
mean square between groups , MSB = SSB/k-1 =    107.8875
  
mean square within groups , MSW = SSW/N-k =    134.2273

C)

F-stat = MSB/MSW =    0.80

anova table
SS df MS F
Between: 215.775 2 107.8875 0.80
Within: 2013.410 15 134.2273
Total: 2229.185 17

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