1.a consumer organization wants to know if there is a difference in
1.A consumer organization wants to know if there is a difference in the price of a particular toy at three different types of stores. The price of the toy was checked in a sample of five discount toy stores, five variety stores, and five department stores. The results are shown below.
|
Discount toy |
Variety |
Department |
|
$12 |
15 |
19 |
|
13 |
17 |
17 |
|
14 |
14 |
16 |
|
12 |
18 |
20 |
|
15 |
17 |
19 |
An ANOVA was run and the results are shown below. At the .05 significance level, is there a difference in the mean prices between the three stores? What is the p-value? Explain why an ANOVA was used to analyze this problem.
