ANOVA Perform/Document 7-step hypothesis testing process for the following question: Is there significant evidence to suggest that the...

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Statistics

ANOVA
Perform/Document 7-step hypothesis testing process forthe following question:
Is there significant evidence to suggest that the typeof customer has an effect on the average daily amount of moneyspent? Whatâ€™s the effect or nature of a relationship?
Customer Type
Average spending
Sample Standard Deviation
Contract
87.8409
33.997
Group
87.3036
36.222
Transient
106.136
49.919

Null:There is no statistically significant relationshipbetween the type of customer and the daily average amountspent.
Alternative: There is a statistically significantrelationship between the type of customer and the daily averageamount spent.
Let Î±=.01
?
?
?
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Is there significant evidence to suggest that the type of customer has an effect on the average daily amount of money spent Whats the effect or nature of a relationship Customer Type See Answer

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Customer Type	Average spending	Sample Standard Deviation
Contract	87.8409	33.997
Group	87.3036	36.222
Transient	106.136	49.919