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Basic Statistics for Business and Economics ch 12

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Question
Answer
Analysis of Variance (ANOVA)   The simultaneous comparison of several population means.  
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What are the characteristics of the F distribution?   There is a family. It is continuous. It cannot be negative. It is positively skewed. It is asymptotic.  
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The F distribution is used to test:   The hypothesis that the variance of one normal population equals the variance of another normal population.  
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To use the ANOVA, we assume the following:   The populations follow the normal distribution. The populations have equal standard deviation (sigma). The populations are independent.  
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Total Variation   The sum of the squared differences between each observation and the overall mean.  
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Treatment Variation   The sum of the squared differences between each treatment mean and the grand or overall mean.  
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Random Variation   The sum of the squared differences between each observation and its treatment mean.  
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SS Total (Sum of Squares Total) =   SST + SSE  
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SST   Sum of Squares Treatment  
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SSE   Sum of Squares Error  
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MSE (Mean Square Error) =   SSE/(n-k)  
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MST (Mean Square Treatment) =   SST/(k-1)  
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F =   MST/MSE  
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Degrees of freedom in the numerator =   k - 1  
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Degrees of freedom in the denominator =   n - k  
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k =   Number of Treatments  
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n =   Number of Observations  
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