Information regarding the starting salaries (in $1,000) of samples of students in four different majors is given below. Majors Marketing Business Admin Accounting Personal finacne Sample size 12 10 9 14 Sample average 26 31 22 25 Sample variance 10 7 15 9 Research Question: Is there a significant difference in the means of four populations? Assume α = 5%. B. State the null and alternative hypotheses. Null: xbarmanagement = xbarmarketing = xbarfinance = xbaraccounting; Alternative: All samples means are different Null: μmanagement = μmarketing = μfinance = μaccounting; Alternative: At least two population means are different Null: xbarmanagement = xbarmarketing = xbarfinance = xbaraccounting; Alternative: At least two sample means are different Null: μmanagement = μmarketing = μfinance = μaccounting; Alternative: All population means are different C. Fill in the blank in the following table: x¯¯ 26 nT SSTR 408 SSE 410 nT = ___________. 45 12 41 10

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Information regarding the starting salaries (in $1,000) of samples of students in four different majors is given below.

 

 

Majors

 

 

Marketing

Business Admin

Accounting

Personal finacne

 

Sample size

12

10

9

14

 

Sample average

26

31

22

25

 

Sample variance

10

7

15

9

 

Research Question: Is there a significant difference in the means of four populations? Assume α = 5%.

B. State the null and alternative hypotheses.

Null: xbarmanagement = xbarmarketing = xbarfinance = xbaraccounting; Alternative: All samples means are different
Null: μmanagement = μmarketing = μfinance = μaccounting; Alternative: At least two population means are different
Null: xbarmanagement = xbarmarketing = xbarfinance = xbaraccounting; Alternative: At least two sample means are different
Null: μmanagement = μmarketing = μfinance = μaccounting; Alternative: All population means are different
C. Fill in the blank in the following table:
x¯¯

26

 n

 

SSTR

408

SSE

410

 n= ___________.

45
12
41
10
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
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…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
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
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman