Metropolitan Area Shell ВР Marathon Akron, Ohio 3.77 3.83 3.78 Cincinnati, Ohio 3.72 3.83 3.87 Cleveland, Ohio 3.87 3.85 3.89 Columbus, Ohio 3.76 3.77 3.79 Ft. Wayne, Indiana 3.83 3.84 3.87...


The price drivers pay for gasoline often varies a great deal across regions throughout the United States. The following data show the price per gallon for regular gasoline for a random sample of gasoline service stations for three major brands of gasoline (Shell, BP, and Marathon) located in 11 metropolitan areas across the upper Midwest region (OhioGasPrices.com website, March 18, 2012).


alpha = .05


What is the test statistic for gasoline brand?


Metropolitan Area<br>Shell<br>ВР<br>Marathon<br>Akron, Ohio<br>3.77<br>3.83<br>3.78<br>Cincinnati, Ohio<br>3.72<br>3.83<br>3.87<br>Cleveland, Ohio<br>3.87<br>3.85<br>3.89<br>Columbus, Ohio<br>3.76<br>3.77<br>3.79<br>Ft. Wayne, Indiana<br>3.83<br>3.84<br>3.87<br>Indianapolis, Indiana<br>3.85<br>3.84<br>3.87<br>Lansing, Michigan<br>3.93<br>4.04<br>3.99<br>Lexington, Kentucky<br>3.79<br>3.78<br>3.79<br>Louisville, Kentucky<br>3.78<br>3.84<br>3.79<br>Muncie, Indiana<br>3.81<br>3.84<br>3.86<br>Toledo, Ohio<br>3.69<br>3.83<br>3.86<br>

Extracted text: Metropolitan Area Shell ВР Marathon Akron, Ohio 3.77 3.83 3.78 Cincinnati, Ohio 3.72 3.83 3.87 Cleveland, Ohio 3.87 3.85 3.89 Columbus, Ohio 3.76 3.77 3.79 Ft. Wayne, Indiana 3.83 3.84 3.87 Indianapolis, Indiana 3.85 3.84 3.87 Lansing, Michigan 3.93 4.04 3.99 Lexington, Kentucky 3.79 3.78 3.79 Louisville, Kentucky 3.78 3.84 3.79 Muncie, Indiana 3.81 3.84 3.86 Toledo, Ohio 3.69 3.83 3.86

Jun 01, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here