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A senior accounting major at Midsouth State University has Job offers from four CPA firms. To explore the offers further
Posted: Mon Jul 11, 2022 11:38 am
by answerhappygod
- A Senior Accounting Major At Midsouth State University Has Job Offers From Four Cpa Firms To Explore The Offers Further 1 (23.19 KiB) Viewed 26 times
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 H₂: H₂: Required: a. What are the null and alternate hypotheses? SS MS F p 3 29.67 9.89 6.26 0.005 The test statistic is 16 25.29 1.58 19 54.96 b. What is the test statistic? (Round your answer to 2 decimal places.) p-value c. What is the p-value? (Round your answer to 3 decimal places.)
d. What is your decision regarding the null hypothesis? Decision: e. Interpret the result. There is H₂ in the mean number of months before receiving a raise among the four firms.