Is there evidence of difference in mean price of lng, Basic Statistics

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Is there evidence of difference in mean price of lng

The following data represent the price of liquefied natural gasoline (LNG) at self-service stations in four counties in New York City and two suburban counties in a recent week. The data is also included in the Excel spreadsheet Problem C.

Manhattan Bronx Queens Brooklyn Nassau Suffolk
2.339 2.199 2.239 2.259 2.199 2.179
2.299 2.139 2.239 2.199 2.199 2.159
2.239 2.139 2.279 2.359 2.259 2.119
2.299 2.159 2.299 2.259 2.239 2.159
2.319 2.179 2.279 2.319 2.239 2.219

At the .05 level of significance, is there evidence of a difference in the mean price of LNG in the six counties? Which counties are different? Which counties are the best/worst? Perform the appropriate statistical tests.

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Basic Statistics: Is there evidence of difference in mean price of lng

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Basic Statistics: Is there evidence of difference in mean price of lng

Reference No:- TGS0102472

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Recent Questions Asked Basic Statistics

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Is there evidence of difference in mean price of lng

Reference No:- TGS0102472

Recent Questions Asked Basic Statistics

Q : What is the difference between this bond''s ytm and its ytc

Q : Define the term srly

Q : Develop estimated regression used to predict price

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