Managers hourly wages. What affects marketing managers hourly wages? In order to find out, mean hourly wages

Question:

Managers’ hourly wages. What affects marketing managers’

hourly wages? In order to find out, mean hourly wages were retrieved from the U.S. Bureau of Labor Statistics for two managerial occupations in marketing

(Sales managers, Advertising managers) for a random sample of states from three regions (Midwest, Southeast, West) (www

.bls.gov/data/#wages). Here are boxplots showing mean hourly wages for the two marketing occupations and the three regions as well as the results for a two-way ANOVA.

image text in transcribedimage text in transcribed

a) Is this an experiment or an observational study? Explain.

b) Are the conditions for two-way ANOVA met?

c) If so, perform the hypothesis tests and state your conclusions in terms of hourly wages, occupational type, and region.

d) Is it appropriate to interpret the main effects in this case? Explain.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

Question Posted: