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
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
111.
![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?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0db0dd6d-da89-4615-8dcc-00f06ccb1842%2F79199ffa-553b-42f3-8e9b-1e620660d2ae%2Ft949xt_processed.jpeg&w=3840&q=75)
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?
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![Elementary Statistics: Picturing the World (7th E…](https://www.bartleby.com/isbn_cover_images/9780134683416/9780134683416_smallCoverImage.gif)
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
![The Basic Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319042578/9781319042578_smallCoverImage.gif)
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
![Introduction to the Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319013387/9781319013387_smallCoverImage.gif)
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman