Answered

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 how many months each worked for the firm before receiving a raise in salary. The sample information is submitted to Minitab with the following results: Analysis of Variance Source Factor df Ss MS F 3 28.17 9.39 5.37 0.133 15 26.26 1.75 18 54.43 Total What is the decision rule? (Round your answer to 2 decimal places.) eject H0 if F> At the 0.01 level of significance, is there a difference in the mean number of months before a raise was granted among the four CPA firms? Do not reject O Reject



Answer :

Answer:

Treatment remains the same. Do not Reject.

Step-by-step explanation:

Test Statistics:

[tex]f = \frac{\text{treatment}}{\text{error}} = 5.37[/tex]

Reject Null Hypothesis if [tex]f > f(a, a-1, N-a)[/tex]

Critical Value [tex]f(0.01, 3, 15) = 5.42 \text{ (From F Table)}[/tex]

[tex]\because 5.37 < 5.417[/tex]

We fail to Reject [tex]H0[/tex]

[tex]\therefore[/tex] Do not Reject.

Other Questions