Mean price per acre for vineyard land ANOVA ...

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MeanpriceperacreforvineyardlandANOVA.xlsx

Sheet1

1996 1997 1998
30000 30000 40000
34000 35000 41000
36000 37000 43000
38000 38000 44000
40000 40000 50000
Hypotheses:
Ho: There is no significant difference between the prices in the three years
Ha: There is a significant difference in the prices in at least two years out of three
Test: One factor ANOVA with α = 0.05
Rejection rule: Reject Ho if the p- value < 0.05
One factor ANOVA
Mean n Std. Dev
38400.0 35,600.0 5 3,847.08 1996
38400.0 36,000.0 5 3,807.89 1997
38400.0 43,600.0 5 3,911.52 1998
38,400.0 15 5,220.84 Total
ANOVA table
Source SS df MS F p-value
Treatment 203,200,000.00 2 101,600,000.000 6.83 .0104
Error 178,400,000.00 12 14,866,666.667
Total 381,600,000.00 14
Post hoc analysis
p-values for pairwise t-tests
1996 1997 1998
35,600.0 36,000.0 43,600.0
1996 35,600.0
1997 36,000.0 .8724
1998 43,600.0 .0066 .0089
Decision: Since 0.0104 < 0.05, reject Ho
Conclusion: There is a significant difference in the prices in at least two years out of three. Furher, we can conclude that the differene is significant for the year pairs 1996-1998 and 1997-1998 since these p- values are < 0.05.

Output

One factor ANOVA
Mean n Std. Dev
38400.0 35,600.0 5 3,847.08 1996
38400.0 36,000.0 5 3,807.89 1997
38400.0 43,600.0 5 3,911.52 1998
38,400.0 15 5,220.84 Total
ANOVA table
Source SS df MS F p-value
Treatment 203,200,000.00 2 101,600,000.000 6.83 .0104
Error 178,400,000.00 12 14,866,666.667
Total 381,600,000.00 14
Post hoc analysis
p-values for pairwise t-tests
1996 1997 1998
35,600.0 36,000.0 43,600.0
1996 35,600.0
1997 36,000.0 .8724
1998 43,600.0 .0066 .0089
Tukey simultaneous comparison t-values (d.f. = 12)
1996 1997 1998
35,600.0 36,000.0 43,600.0
1996 35,600.0
1997 36,000.0 0.16
1998 43,600.0 3.28 3.12
critical values for experimentwise error rate:
0.05 2.67
0.01 3.56

Comparison of Groups

1996 1997 1998 30000 30000 40000 34000 35000 41000 36000 37000 43000 38000 38000 44000 40000 40000 50000 35600 36000 43600 38400 38400 38400

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