7:07 PM Tue Oct 3 MY NOTES ASK YOUR TEACHER Consultant A Consultant B 71 = x₁ = 6.81 $₁ = 0.64 <=16 You may need to use the appropriate technology to answer this question. Periodically, customers of a financial services company are asked to evaluate the company's financial consultants and services. Higher ratings on the client satisfaction survey indicate better service, with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use a = 0.05 and test to see whether the consultant with more experience has the higher population mean service rating. webassign.net PRACTICE ANOTHER 7₂ = 10 x₂ = 6.28 $2 = 0.75 ... (a) State the null and alternative hypotheses. o Hoi thi thy 50 Hồ thì không 30 0 H : H1 - H2 + 0 H₁₂ : H₁ - H₂ = 0 OHO: H₁-H₂SO H₂H₁-H₂=0 o Hoi thi - ty>0 H₂H₁-H₂SO o Hoi thi không =0 Hỏi khi thay #0 (b) Compute the value of the test statistic. (Round your answer to three decimal places.) 1.852 X You may have rounded in the wrong direction. @19% 1 (c) What is the p-value? (Round your answer to four decimal places.)

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7:07 PM Tue Oct 3
MY NOTES
ASK YOUR TEACHER
Consultant A Consultant B
n₁=16
x₁ = 6.81
$₁ = 0.64
You may need to use the appropriate technology to answer this question.
Periodically, customers of a financial services company are asked to evaluate the company's financial consultants and
services. Higher ratings on the client satisfaction survey indicate better service, with 7 the maximum service rating.
Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of
experience, whereas consultant B has 1 year of experience. Use a = 0.05 and test to see whether the consultant with more
experience has the higher population mean service rating.
О H : H1 - H2 + 0
H₂: H₁ - H₂ = 0
OHO: H₁ H₂ ≤0
H₂H₁ H₂ = 0
o Hot - thg 30
H₂H₁ H₂ ≤0
(a) State the null and alternative hypotheses.
o Hot H250
Ha: H1 - H2>.0
0 Ho H1 - 2 = 0
Hỏi thì tha
n₂=10
x₂ = 6.28
$₂ = 0.75
...
PRACTICE ANOTHER
webassign.net
(b) Compute the value of the test statistic. (Round your answer to three decimal places.)
1.852
X
You may have rounded in the wrong direction.
(c) What is the p-value? (Round your answer to four decimal places.)
p-value 0.9587
Need Help?
X
You may have found the complement of the desired probability.
☎ @19% 1
(d) What is your conclusion?
O Reject Ho. There is sufficient evidence to conclude that the consultant with more experience has a higher
population mean rating.
Read It
O Do not reject Ho. There is insufficient evidence to conclude that the consultant with more experience has a
higher population mean rating.
O Reject Ho. There is insufficient evidence to conclude that the consultant with more experience has a higher
population mean rating.
O Do not Reject Ho. There is sufficient evidence to conclude that the consultant with more experience has a
higher population mean rating.
Transcribed Image Text:7:07 PM Tue Oct 3 MY NOTES ASK YOUR TEACHER Consultant A Consultant B n₁=16 x₁ = 6.81 $₁ = 0.64 You may need to use the appropriate technology to answer this question. Periodically, customers of a financial services company are asked to evaluate the company's financial consultants and services. Higher ratings on the client satisfaction survey indicate better service, with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use a = 0.05 and test to see whether the consultant with more experience has the higher population mean service rating. О H : H1 - H2 + 0 H₂: H₁ - H₂ = 0 OHO: H₁ H₂ ≤0 H₂H₁ H₂ = 0 o Hot - thg 30 H₂H₁ H₂ ≤0 (a) State the null and alternative hypotheses. o Hot H250 Ha: H1 - H2>.0 0 Ho H1 - 2 = 0 Hỏi thì tha n₂=10 x₂ = 6.28 $₂ = 0.75 ... PRACTICE ANOTHER webassign.net (b) Compute the value of the test statistic. (Round your answer to three decimal places.) 1.852 X You may have rounded in the wrong direction. (c) What is the p-value? (Round your answer to four decimal places.) p-value 0.9587 Need Help? X You may have found the complement of the desired probability. ☎ @19% 1 (d) What is your conclusion? O Reject Ho. There is sufficient evidence to conclude that the consultant with more experience has a higher population mean rating. Read It O Do not reject Ho. There is insufficient evidence to conclude that the consultant with more experience has a higher population mean rating. O Reject Ho. There is insufficient evidence to conclude that the consultant with more experience has a higher population mean rating. O Do not Reject Ho. There is sufficient evidence to conclude that the consultant with more experience has a higher population mean rating.
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