How productive are U.S. workers? One way to answer this question is to study annual profits per employee. A random sample of companies in computers (1), aerospace (II), heavy equipment (III), and broadcasting (IV) gave the following data regarding annual profits per employee (units In thousunds of dollars). II II IV 27.9 13.6 22.6 17.3 23.5 9.7 20.5 16.3 14.9 11.1 7.3 14.5 8.6 8.1 12.7 15.5 11.5 6.5 7.5 10.9 19.6 98 Shall we reject or not reject the claim that there is no differenice in population mean annual profits per employee in cach of the four types of companies? Usc a 5% level of significance. (a) What is the level of significance? State the null and alternate hypotheses, O - 2 = = HaH, Exactly two means are equal. O 1 - , = H = Hai H,: All four means are difterent. OH: , H, -a-ai H,: Exactly three means are egual. O H, H H, Ha Hai ,: Not all the meats are equal. (b) Find SS rar SSET, and SS, and check that SSar = SSer+ Ss (Use 3 decimal places.) TOP SS 101 = SS = %3D SSw = Find d.f. pEp d.f. MSpEr and MSw: (Use 3 decimal plares for MSasn and MS) df BET dfw = MS RET MS w-

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How productive are U.S. workers? One way to answer this question is to study annual profits per employee. A random sample of companies in computers (I), aerospace (II), heavy equipment (III), and
broadcasting (IV) gave the following data regarding annual profits per employee (units In thousarnds of dollars).
II
III
IV
27.9
13.6
22.6
17.3
23.5
9.7
20.5
16.3
14.9
11.1
7.3
14.5
8.6
8.1
12.7
15.5
11.5
6.5
7.5
10.9
19.6
98
Shall we reject or not reject the claim that there is no differenice in population mean annual profits per employee in each of the four types of companies? Usc a 5% level of significance.
(a) What is the level of significance?
State the null and alternate hypotheses,
O 11: - H2 = M = gi H,: Exactly two means are equal.
O I: ,- u, = = Hai H,: All four means are different.
O H: - 2 = 3 = liai H,: Exactly three means are egual.
O H,: H- H, H- Hai : Not all the means are equal.
(b) Find SS7or SSET, and SSw and check that 55 = SSEr + Ssw. (Use 3 decimal places.)
SS or =
SS =
SSw =
Find d.f. BET d.f., MS RET,
df BET
and MS w. (Use 3 decimal places for MSaET, and MS)
BET
dfw =
MS BET =|
MS w
Find the value of the saamnle statictic Ise 3 deciTial olaccs 1
10:48 AM
P Type here to search
梦 0
13"F Mostly sunny
7/30/2021
36
Transcribed Image Text:How productive are U.S. workers? One way to answer this question is to study annual profits per employee. A random sample of companies in computers (I), aerospace (II), heavy equipment (III), and broadcasting (IV) gave the following data regarding annual profits per employee (units In thousarnds of dollars). II III IV 27.9 13.6 22.6 17.3 23.5 9.7 20.5 16.3 14.9 11.1 7.3 14.5 8.6 8.1 12.7 15.5 11.5 6.5 7.5 10.9 19.6 98 Shall we reject or not reject the claim that there is no differenice in population mean annual profits per employee in each of the four types of companies? Usc a 5% level of significance. (a) What is the level of significance? State the null and alternate hypotheses, O 11: - H2 = M = gi H,: Exactly two means are equal. O I: ,- u, = = Hai H,: All four means are different. O H: - 2 = 3 = liai H,: Exactly three means are egual. O H,: H- H, H- Hai : Not all the means are equal. (b) Find SS7or SSET, and SSw and check that 55 = SSEr + Ssw. (Use 3 decimal places.) SS or = SS = SSw = Find d.f. BET d.f., MS RET, df BET and MS w. (Use 3 decimal places for MSaET, and MS) BET dfw = MS BET =| MS w Find the value of the saamnle statictic Ise 3 deciTial olaccs 1 10:48 AM P Type here to search 梦 0 13"F Mostly sunny 7/30/2021 36
Find the value of the sample F statistic. (Use 3 decimal places.)
What are the degrees of freedom?
(numerator)
(denominator)
(c) Find the p-value of the sample test statistic.
O P-value > 0.100
O 0.050 < p-value < 0.100
O 0.025 < p-value < 0.050
O 0.010 < P value < 0.025
O 0.001 < P-value < 0.010
O P-value < 0.001
(d) Based on your answers in parts (a) to (c), will you reject or fail Lo reject the null hypothesis?
O Since the P-value is greater than the level of significance at a = 0.05, we do not reject H.
O Since the P-value is less than or equal to the level of significance at a = 0.05, we reject Ha-
O Since the P-value is greater than the level of significance at a = 0.05, we reject H
O Since the P-value is less than or equal to the level of significance at a
0.05, we do not reject H
(e) Interpret your conclusion in the context of the application.
O At the 5% level of significance there is insufficient evidence to conclude that the means are not all equal.
O At the 5% level of significance there is sufficient evidence to conclude that the means are all equal.
O At the 5% level of significance there is insufficient evidence to conclude that the means are all equal.
O At the 5% level of significance there is sufficient evidence to conclude that the means are not all equal.
(f) Make a summary table for your ANOVA test.
Degrees of
Froodom
Source of
Sum of
MS
P Value
Test
arlation
Souarer
Decicion
Transcribed Image Text:Find the value of the sample F statistic. (Use 3 decimal places.) What are the degrees of freedom? (numerator) (denominator) (c) Find the p-value of the sample test statistic. O P-value > 0.100 O 0.050 < p-value < 0.100 O 0.025 < p-value < 0.050 O 0.010 < P value < 0.025 O 0.001 < P-value < 0.010 O P-value < 0.001 (d) Based on your answers in parts (a) to (c), will you reject or fail Lo reject the null hypothesis? O Since the P-value is greater than the level of significance at a = 0.05, we do not reject H. O Since the P-value is less than or equal to the level of significance at a = 0.05, we reject Ha- O Since the P-value is greater than the level of significance at a = 0.05, we reject H O Since the P-value is less than or equal to the level of significance at a 0.05, we do not reject H (e) Interpret your conclusion in the context of the application. O At the 5% level of significance there is insufficient evidence to conclude that the means are not all equal. O At the 5% level of significance there is sufficient evidence to conclude that the means are all equal. O At the 5% level of significance there is insufficient evidence to conclude that the means are all equal. O At the 5% level of significance there is sufficient evidence to conclude that the means are not all equal. (f) Make a summary table for your ANOVA test. Degrees of Froodom Source of Sum of MS P Value Test arlation Souarer Decicion
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