A market researcher is studying the spending habits of

Last updated: 11/2/2023

A market researcher is studying the spending habits of people across age groups The amount of money spent by each individual is classified by spending category Dining out Shopping or Electr nics Factor A and generation Gen X Gen Y Gen Z or Baby Boomers Factor B An incomplete ANOVA table is shown below Source of Variation Rows Factor B Columns Factor A Error Total Multiple Choice O SS O 46 869 1 321 831 df 35 At the 5 significance level the conclusion of the hypothesis test for factor A is MS 79 930 reject the null hypothesis we cannot conclude the average amount spent differs by spending category do not reject the null hypothesis we cannot conclude the average amount spent differs by spending category do not reject the null hypothesis we can conclude the average amount spent differs by spending category reject the null hypothesis we can conclude the average amount spent differs by spending category