Periodically, customers of a financial services company are asked to evaluate the company’s financial consultants and services. Higher ratings on the client satisfaction survey indicate better service, with 7 being the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas Consultant B has 1 year of experience. Use $\alpha = 0.05$ and test to see whether the consultant with more experience has the higher population mean service rating.### Data Summary| Consultant A | Consultant B ||--------------|--------------|| $n_1 = 16$ | $n_2 = 10$ || $\bar{x}_1 = 6.85$ | $\bar{x}_2 = 6.25$ || $s_1 = 0.64$ | $s_2 = 0.75$ |### Hypotheses**(a) State the null and alternative hypotheses:**- $\text{H}_0$: $\mu_1 - \mu_2 \leq 0$ $\text{H}_a$: $\mu_1 - \mu_2 > 0$- $\text{H}_0$: $\mu_1 - \mu_2 \geq 0$ $\text{H}_a$: $\mu_1 - \mu_2 < 0$- $\text{H}_0$: $\mu_1 - \mu_2 = 0$ $\text{H}_a$: $\mu_1 - \mu_2 \neq 0$### Calculate and Conclude**(b) Compute the value of the test statistic.** (Round your answer to three decimal places.)**(c) What is the p-value?** (Round your answer to four decimal places.) p-value = \_\_\_\_**(d) What is your conclusion?**- Do not reject $\text{H}_0$: There is insufficient evidence to conclude that the consultant with more experience has a higher population mean rating.- Reject $\text{H}_0$: There is sufficient evidence to conclude that the consultant with more experience has a higher population mean rating.

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Periodically, customers of a financial services company are asked to evaluate the company's financial consultants and services. Higher ratings on the client satisfaction survey indicate better service, with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use a 0.05 and test to see whether the consultant with more experience has the higher population mean service rating. Consultant A Consultant B "116 2- 10 x- 6.05 X,- 6.25 $10.64 2- 0.75 (a) State the null and alternative hypotheses. O Hoi H- 2s 0 O Ho: H- H2 50 O Hoi H-H2>0 O Hoi H- H2*0 H H-2-0 O Ho! H- H2 - 0 (b) Compute the value of the test statistic. (Round your answer to three decimal places.) (c) What is the p-value? (Round your answer to four decimal places.) pvalue

Periodically, customers of a financial services company are asked to evaluate the company's financial consultants and services. Higher ratings on the client satisfaction survey indicate better service, with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use a 0.05 and test to see whether the consultant with more experience has the higher population mean service rating. Consultant A Consultant B "116 2- 10 x- 6.05 X,- 6.25 $10.64 2- 0.75 (a) State the null and alternative hypotheses. O Hoi H- 2s 0 O Ho: H- H2 50 O Hoi H-H2>0 O Hoi H- H2*0 H H-2-0 O Ho! H- H2 - 0 (b) Compute the value of the test statistic. (Round your answer to three decimal places.) (c) What is the p-value? (Round your answer to four decimal places.) pvalue

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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