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A senlor accounting major at Midsouth State University has job offers from four CPA firms. To explore the offers further, she asked a sample of recent trainees from each firm: How many months did you work before recelving a raise in salary? Using the following ANOVA table, Is there a difference in the mean number of months before recelving a ralse among the four firms? Use the 0.01 level of significance.

A senlor accounting major at Midsouth State University has job offers from four CPA firms. To explore the offers further, she asked a sample of recent trainees from each firm: How many months did you work before recelving a raise in salary? Using the following ANOVA table, Is there a difference in the mean number of months before recelving a ralse among the four firms? Use the 0.01 level of significance.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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d. What Is your decision regarding the null hypothesis? Decision: Ho e. Interpret the result. There is in the mean number of months before receiving a raise among the four firms.
Transcribed Image Text:d. What Is your decision regarding the null hypothesis? Decision: Ho e. Interpret the result. There is in the mean number of months before receiving a raise among the four firms.
A senlor accounting major at MIidsouth State University has job offers from four CPA firms. To explore the offers further, she asked a sample of recent trainees from each firm: How many months did you work before recelving a raise in salary? Using the following ANOVA table, Is there a difference in the mean number of months before recelving a ralse among the four firms? Use the 0.01 level of significance. Analysis of Variance Source df SS MS Factor 27.17 9.06 5.06 0.015 Error 13 23.22 1.79 Total 16 50.39 a. What are the null and alternate hypotheses? Ho: H b. What Is the test statistic? (Round your answer to 2 decimal places.) The test statistic is c. What Is the p-value? (Round your answer to 3 declmal places.) p-value
Transcribed Image Text:A senlor accounting major at MIidsouth State University has job offers from four CPA firms. To explore the offers further, she asked a sample of recent trainees from each firm: How many months did you work before recelving a raise in salary? Using the following ANOVA table, Is there a difference in the mean number of months before recelving a ralse among the four firms? Use the 0.01 level of significance. Analysis of Variance Source df SS MS Factor 27.17 9.06 5.06 0.015 Error 13 23.22 1.79 Total 16 50.39 a. What are the null and alternate hypotheses? Ho: H b. What Is the test statistic? (Round your answer to 2 decimal places.) The test statistic is c. What Is the p-value? (Round your answer to 3 declmal places.) p-value
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