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Table 4 Summary of ANOVA results—fixed discrete Price

From: Going, going, gone: competitive decision-making in Dutch auctions

Cases Sum of squares df Mean square F p \({\hbox {BF}}_{10}\)
Bins-2 342.538 1.000 342.538 4.914 0.027 0.956
Residual 45869.437 658.000 69.710    
Bins-3 1447.815 2.000 723.907 10.625 \(< 0.001\) 399.75
Residual 44764.161 657.000 68.134    
Bins-4 942.638 3.000 314.213 4.553 0.004 2.99
Residual 45269.337 656.000 69.008    
Bins-5 1314.789 4.000 328.697 4.795 \(< 0.001\) 11.7
Residual 44897.187 655.000 68.545