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c. What is the p-value? (Round your answer to 3 decimal places.) Answer is complete but not entirely correct. 0.054 p-value

c. What is the p-value? (Round your answer to 3 decimal places.) Answer is complete but not entirely correct. 0.054 p-value

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 df Factor Error Total ss MS F P 3 31.97 10.66 4.61 0.015 18 41.50 2.31 21 73.47 Required: a. What are the null and alternate hypotheses? Ho H₂ Answer is complete and correct. H₁ H₂ H3 PA Treatment means are not all equal. 00 b. What is the test statistic? (Round your answer to 2 decimal places.)
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 df Factor Error Total ss MS F P 3 31.97 10.66 4.61 0.015 18 41.50 2.31 21 73.47 Required: a. What are the null and alternate hypotheses? Ho H₂ Answer is complete and correct. H₁ H₂ H3 PA Treatment means are not all equal. 00 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.) Answer is complete but not entirely correct. 0.054 p-value d. What is your decision regarding the null hypothesis? Answer is complete and correct. Ho Decision: Reject e. Interpret the result. There is a difference: Answer is complete and correct. in the mean number of months before receiving a raise among the four firms.
Transcribed Image Text:c. What is the p-value? (Round your answer to 3 decimal places.) Answer is complete but not entirely correct. 0.054 p-value d. What is your decision regarding the null hypothesis? Answer is complete and correct. Ho Decision: Reject e. Interpret the result. There is a difference: Answer is complete and correct. in the mean number of months before receiving a raise among the four firms.
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