Question

In: Math

Samples of peanut butter produced by three different manufactures are tested for aflatoxin (ppb), with the...

Samples of peanut butter produced by three different manufactures are tested for aflatoxin (ppb), with the following results:

Brand 1

Brand 2

Brand 3

0.5

2.5

3.3

6.3

1.8

1.5

1.1

3.6

0.4

2.7

5.2

4.8

5.5

1.2

2.2

4.3

0.7

1.1

Use the 0.05 level of significance to test whether the differences among the 3 sample means are significant.

Solutions

Expert Solution


milcah answered 1 year ago
Next > < Previous

Related Solutions

3. Peanut Butter and Jelly - Consider the case of a consumer that buys peanut butter...
3. Peanut Butter and Jelly - Consider the case of a consumer that buys peanut butter in six-packs. Use the information that follows to calculate the appropriate elasticities of demand. a. When the price of a six-pack increased from $18 to $22, the number of six-packs bought decreased from 30 to 20. What is the consumer's price elasticity of demand in this case? How did the consumer's total spending on peanut butter change as a result of this? (Spending by...
Peanut Land Inc. produces all-natural organic peanut butter. The peanut butter is sold in 12-ounce jars....
Peanut Land Inc. produces all-natural organic peanut butter. The peanut butter is sold in 12-ounce jars. The sales budget for the first four months of the year is as follows: Unit Sales Dollar Sales ($) January 80,000 176,000 February 45,000 99,000 March 40,000 88,000 April 42,000 92,400 Company policy requires that ending inventories for each month be 10% of next month's sales. At the beginning of January, the inventory of peanut butter is 31,000 jars. Each jar of peanut butter...
Peanut Land Inc. produces all-natural organic peanut butter. The peanut butter is sold in 12-ounce jars....
Peanut Land Inc. produces all-natural organic peanut butter. The peanut butter is sold in 12-ounce jars. The sales budget for the first four months of the year is as follows: Unit Sales Dollar Sales ($) January 70,000 147,000 February 65,000 136,500 March 60,000 126,000 April 62,000 130,200 Company policy requires that ending inventories for each month be 10% of next month's sales. At the beginning of January, the inventory of peanut butter is 31,000 jars. Each jar of peanut butter...
Aflatoxin residues in peanut butter: In actual testing, 12 lots of peanut butter had aflatoxin residues...
Aflatoxin residues in peanut butter: In actual testing, 12 lots of peanut butter had aflatoxin residues in parts per billion of 4.94, 5.06, 4.53, 5.07, 4.99, 5.16, 4.38, 4.43, 4.93, 4.72, 4.92, and 4.96. a. How many possible bootstrap resamples of these data are there? b. Using R and the sample() function, or a random number table or generator, generate five resamples of the integers from 1 to 12. c. For each of the resamples in b, find the mean...
Aflatoxin residues in peanut butter: In actual testing, 12 lots of peanut butter had aflatoxin residues...
Aflatoxin residues in peanut butter: In actual testing, 12 lots of peanut butter had aflatoxin residues in parts per billion of 4.94, 5.06, 4.53, 5.07, 4.99, 5.16, 4.38, 4.43, 4.93, 4.72, 4.92, and 4.96. a. How many possible bootstrap resamples of these data are there? b. Using R and the sample() function, or a random number table or generator, generate five resamples of the integers from 1 to 12. c. For each of the resamples in b, find the mean...
64) In 2014, the price of peanuts was rising, which lead peanut butter sellers and peanut...
64) In 2014, the price of peanuts was rising, which lead peanut butter sellers and peanut butter buyers to expect the price of peanut butter would rise in the future. Suppose the effect on the buyers was larger than the effect on the sellers. Consequently, in the current market for peanut butter there is a   in the price of peanut butter and   in the quantity of peanut butter. A) rise; a decrease B) fall; an increase C) rise; an increase...
Consider the simple closed economy of Plantersville with only three goods: computers, peanuts and peanut butter....
Consider the simple closed economy of Plantersville with only three goods: computers, peanuts and peanut butter. There is no government, and no international trade.  Note the following very important information: Computers and peanut butter are final goods only. Peanuts are consumed by households as a final good AND are used as an intermediate good by firms in the production of peanut butter. It takes 1/2 pound of peanuts to make each jar of peanut butter. The table below provides ALL the...
Suppose that Jiffyland produces nothing but peanut butter. In 2018 the following activities were observed: Peanut...
Suppose that Jiffyland produces nothing but peanut butter. In 2018 the following activities were observed: Peanut farmers sold $20 million worth of peanuts to distributors. Distributors sold $30 million worth of peanuts to processors. Processors sold $50 million worth of peanut butter to producers. Producers sold $60 million worth of jars of peanut butter to grocers. Grocers sold $75 million worth of jars of peanut butter to final consumers. In this example, what are the two methods of calculating GDP?...
The supply and demand for organic peanut butter are QD = 70 – 5P and QS...
The supply and demand for organic peanut butter are QD = 70 – 5P and QS = 5P, where P is price per jar and Q is in hundreds of jars per day. The government has two pieces of legislation up for debate: a $1 supply subsidy or a price floor equal to $7.50. Defend your answers with math and economic logic! No defense means no credit. A) Which law would be more efficient (i.e. result in less deadweight loss)?...
Plain M&M: 15,14,15,15,14,16,15,14,15,16,16,14,15,14,15,15,14,17,17,15,15,17,14,16,14,16,17,13,16,16, 15, 17,6,14,16,15,13,15,17,15,17,14,15,14,16,14 Peanut Butter: 8,6,8,7,8,8,8,7,3,7,10,7,7,6,8,7,8,7,7,7,8,8,8,7,9,7,8,8,7,8,8,8,6,7,8,8,8,7,6,7,7,8,8
Plain M&M: 15,14,15,15,14,16,15,14,15,16,16,14,15,14,15,15,14,17,17,15,15,17,14,16,14,16,17,13,16,16, 15, 17,6,14,16,15,13,15,17,15,17,14,15,14,16,14 Peanut Butter: 8,6,8,7,8,8,8,7,3,7,10,7,7,6,8,7,8,7,7,7,8,8,8,7,9,7,8,8,7,8,8,8,6,7,8,8,8,7,6,7,7,8,8,8,14,8,8,7,6 Skittles: 15,14,15,14,14,15,15,14,15,15,14,15,15,15,14,15,20,15,15,15,14,14,15,15,15,16,12,15,15,14, 14,15,14,15,14,14,14,13,16 **Assume that both Plain and Peanut M&M candies, and Skittles are normally distributed. 2. Suppose that M&M claims that each bag of Peanut M&Ms should be 18 grams and Plain M&Ms should be 13.5 grams. Suppose that Skittles claims that each bag contains 16 grams. a. Test the claim that M&M is shorting its customers in servings of Peanut M&Ms. b. Test the claim that M&M is overfilling Plain...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT