BS in Agricultural Business
This study was undertaken to determine the price comparisons of selected produce between farmers' markets and grocery stores in San Luis Obispo County.
All data was collected through out an eight week period and recorded to determine if prices, on average, are lower at famers' markets compared to their neighboring grocery. This data was used to compare prices of commodities at farmers' markets and neighboring grocery stores in San Luis Obispo County for five selected produce items. The data collected includes prices of each commodity, location, and date. After collecting the data, the final step in determining if prices are lower, on average, at farmers' markets was done by running an Analysis of Variance (ANOVA) test. This tests for equality of several groups means. This is used to confirm that the prices at Farmers' markets, on average, are lower than at their neighboring grocery stores.