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A senior 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 receiving a raise in salary? Using the following ANOVA table, is there a difference in the mean number of months before receiving a raise among the four firms? Use the 0.05 level of significance. Analysis of Variance Source Factor Error Total df SS MS P 3 43.28 14.43 3.21 0.070 10 44.88 4.49 13 88.16 e. Interpret the result. F Required: a. What are the null and alternate hypotheses? b. What is the test statistic? (Round your answer to 2 decimal places.) c. What is the p-value? (Round your answer to 3 decimal places.) d. What is your decision regarding the null hypothesis?

A senior 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 receiving a raise in salary? Using the following ANOVA table, is there a difference in the mean number of months before receiving a raise among the four firms? Use the 0.05 level of significance. Analysis of Variance Source Factor Error Total df SS MS P 3 43.28 14.43 3.21 0.070 10 44.88 4.49 13 88.16 e. Interpret the result. F Required: a. What are the null and alternate hypotheses? b. What is the test statistic? (Round your answer to 2 decimal places.) c. What is the p-value? (Round your answer to 3 decimal places.) d. What is your decision regarding the null hypothesis?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A senior 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 receiving a raise in salary? Using the following ANOVA table, is there a difference in the mean number of months before receiving a raise among the four firms? Use the 0.05 level of significance. Analysis of Variance Source Factor Error Total df SS MS F P 3 43.28 14.43 3.21 0.070 10 44.88 4.49 13 88.16 Required: a. What are the null and alternate hypotheses? b. What is the test statistic? (Round your answer to 2 decimal places.) e. Interpret the result. c. What is the p-value? (Round your answer to 3 decimal places.) d. What is your decision regarding the null hypothesis?
Transcribed Image Text:A senior 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 receiving a raise in salary? Using the following ANOVA table, is there a difference in the mean number of months before receiving a raise among the four firms? Use the 0.05 level of significance. Analysis of Variance Source Factor Error Total df SS MS F P 3 43.28 14.43 3.21 0.070 10 44.88 4.49 13 88.16 Required: a. What are the null and alternate hypotheses? b. What is the test statistic? (Round your answer to 2 decimal places.) e. Interpret the result. c. What is the p-value? (Round your answer to 3 decimal places.) d. What is your decision regarding the null hypothesis?
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