Multiple Choice
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 Electronics) and generation (Gen-X, Gen-Y, Gen-Z, or Baby Boomers) . The data and an incomplete ANOVA table are shown below.
At the 5% significance level, the conclusion for the hypothesis test about the interaction term is ________.
A) do not reject the null hypothesis; there is evidence of an interaction effect between spending category and generation
B) reject the null hypothesis; there is evidence of an interaction effect between spending category and generation
C) reject the null hypothesis; there is no evidence of an interaction effect between spending category and generation
D) do not reject the null hypothesis; there is no evidence of an interaction effect between spending category and generation
Correct Answer:

Verified
Correct Answer:
Verified
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